A fiscal rule imposed when the budget is not transparent yields more creative accounting to circumvent it and less fiscal adjustment, generating hidden deficits/debts in public sector. This study focuses on creative accounting practices of governments and adds to the literature by measuring...

A fiscal rule imposed when the budget is not transparent yields more creative accounting to circumvent it and less fiscal adjustment, generating hidden deficits/debts in public sector. This study focuses on creative accounting practices of governments and adds to the literature by measuring...

A fiscal rule imposed when the budget is not transparent yields more creative accounting to circumvent it and less fiscal adjustment, generating hidden deficits/debts in public sector. This study focuses on creative accounting practices of governments and adds to the literature by measuring...

A fiscal rule imposed when the budget is not transparent yields more creative accounting to circumvent it and less fiscal adjustment, generating hidden deficits/debts in public sector. This study focuses on creative accounting practices of governments and adds to the literature by measuring...

The beginnings of the transition and the implementation of the market economy principles in Romania are undesirably related to IMF. After 20 years of economic turmoil, following the negative effects induced by the financial and economic crisis, as well as by the discretionary policy measures of...

IMF’s policies through to the World Economy have been changed in the globalization processes. Those policies have been applied in transition economies such as Russia, Bulgaria, Romania, Azerbaijan since the begining of 1990's. Particularly Azerbaijan, an attraction center for the foreign...