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- catalog abstract "Annotation This paper analyzes quasi-fiscal deficits and subsidies, and their impact on ArmeniaA'-s fiscal performance in the second part of the 1990s. In addition, it discusses the specific features of quasi-fiscal financing in transition economies. Estimates of ArmeniaA'-s actuarial and hidden deficits in the second part of the 1990s shows that its deficits were relatively modest compared to similar economies. While these deficits remain, they have declined recently, becoming the main source of fiscal adjustment in Armenia. This study also presents a comprehensive picture of subsidization in Armenia, including hidden and quasi-fiscal subsidies that were a primary cause of the hidden deficit. The paper shows the ultimate sources and main beneficiaries of these subsidies. It concludes that the main distortive impact of quasi-fiscal subsidies is on social policy, not on enterprise restructuring and private sector performance.".
- catalog contributor b13049538.
- catalog contributor b13049539.
- catalog contributor b13049540.
- catalog created "2003.".
- catalog date "2003".
- catalog date "2003.".
- catalog dateCopyrighted "2003.".
- catalog description "Annotation This paper analyzes quasi-fiscal deficits and subsidies, and their impact on ArmeniaA'-s fiscal performance in the second part of the 1990s. In addition, it discusses the specific features of quasi-fiscal financing in transition economies. Estimates of ArmeniaA'-s actuarial and hidden deficits in the second part of the 1990s shows that its deficits were relatively modest compared to similar economies. While these deficits remain, they have declined recently, becoming the main source of fiscal adjustment in Armenia. This study also presents a comprehensive picture of subsidization in Armenia, including hidden and quasi-fiscal subsidies that were a primary cause of the hidden deficit. The paper shows the ultimate sources and main beneficiaries of these subsidies. It concludes that the main distortive impact of quasi-fiscal subsidies is on social policy, not on enterprise restructuring and private sector performance.".
- catalog description "Includes bibliographical referenfces.".
- catalog extent "ix, 50 p. :".
- catalog hasFormat "Quasi-fiscal activities, hidden government subsidies, and fiscal adjustment in Armenia.".
- catalog identifier "0821356046 (pbk.)".
- catalog identifier "0821356054 (eISBN)".
- catalog isFormatOf "Quasi-fiscal activities, hidden government subsidies, and fiscal adjustment in Armenia.".
- catalog isPartOf "World Bank working paper, 1726-5878 ; no. 16".
- catalog issued "2003".
- catalog issued "2003.".
- catalog language "eng".
- catalog publisher "Washington, DC : World Bank,".
- catalog relation "Quasi-fiscal activities, hidden government subsidies, and fiscal adjustment in Armenia.".
- catalog spatial "Armenia (Republic)".
- catalog subject "339.5/2/094756 22".
- catalog subject "Budget deficits Armenia (Republic)".
- catalog subject "Finance, Public Armenia (Republic)".
- catalog subject "Fiscal policy Armenia (Republic)".
- catalog subject "HJ1302.2 .F74 2003".
- catalog title "Quasi-fiscal activities, hidden government subsidies, and fiscal adjustment in Armenia / Lev Freinkman, Gohar Gyulumyan, Artak Kyurumyan.".
- catalog type "text".