Liberalization and Public Finance

  • Tomasz Mickiewicz
Part of the Studies in Economic Transition book series (SET)


While both liberalization and stabilization were relatively easy to implement (provided the commitment of policy-makers was present), the same cannot be said about fiscal reform. Yet, in the longer run, stabilization is not sustainable without fiscal transformation. And with recurring fiscal destabilization, the positive impact of liberalization is also dampened.


Economic Transition Government Revenue Government Balance Fiscal Balance Fiscal Reform 
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© Tomasz Mickiewicz 2005

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  • Tomasz Mickiewicz

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