The purpose of this paper is to demonstrate the diversified picture of the tax systems and tax reforms in the former communist countries after the first decade of their transition from a centrally planned to a market economy system. While CEB countries are seriously advanced in synchronization...

The overall financial framework of the EU for the years 2000.2006 provides for specific transfers in favour of the applicant countries during future eastern enlargement. The purpose of this study is to evaluate the budgetary implications for the applicants joining the Union. Generally, the...

Financial crises have become relatively frequent events since the beginning of the 1980s. They have taken three main forms: currency crises, banking crises, or both . so called twin crises. As the number of developed economies, developing countries, and economies in transition experienced severe...

The overall financial framework of the EU for the years 2000-2006 provides for specific transfers in favour of the applicant countries during future eastern enlargement. The purpose of this study is to evaluate the budgetary implications for the applicants joining the Union. Generally, the...

Financial crises have become relatively frequent events since the beginning of the 1980s. They have taken three main forms: currency crises, banking crises, or both - so called twin crises. As the number of developed economies, developing countries, and economies in transition experienced severe...

The European debt crisis triggered a debate on the lacking components of the EU and EMU integration architecture. Many believe that a common currency requires closer fiscal and political integration as a condition for its survival. This opinion is not necessarily supported by the experience of...

The current fiscal imbalances and fragilities in the Southern and Eastern Mediterranean countries (SEMC) are the result of decades of instability, but have become more visible since 2008, when a combination of adverse economic and political shocks (the global and European financial crises, Arab...

Based on statistics provided by the Ministry of Finance and Central Statistical Office, the paper provides an analyses of the economic transition experienced by Poland paying particular attention to the fiscal policy.

The idea of a Deep and Comprehensive Free Trade Agreement goes beyond the traditional concept of trade liberalization and, apart from the elimination of tariffs in trade of goods, it also includes the reduction/ removal of non-tariff barriers, the liberalization of the investment regime, the...

Unlike the crisis years of 2007-2009 (when the insolvency of large banks was a major problem), the current round of the global financial crisis has fiscal origins. Almost all developed countries suffer from an excessive public debt burden that has been built up over the last two decades or more....