Innovative Fiscal Policy and Economic Development in Transition Economies: 1st Edition (Paperback) book cover

Innovative Fiscal Policy and Economic Development in Transition Economies

1st Edition

By Aleksandr V. Gevorkyan


288 pages

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This book explores the problems of fiscal policy as an instrument of economic and social development in the modern environment, primarily focusing on the transition economies of Eastern Europe, Caucasus, and Central Asia. Evaluating the transformational experience in these countries, this work meets a need for a critical analysis in the aftermath of the 1990s market liberalization reforms, of current trends and to outline the roadmap for future development.

Table of Contents

1. Economics of Transition in the New Century: Lessons Learned and a Future Outlook 2. Fiscal Policy in the Newly Opened Economies: Are there Twin Deficits? 3. Fiscal Policy Sustainability in Transition: Is it There? 4. Innovative Fiscal Policy: The How, When and Why of Borrowing from the Diaspora 5. Innovative Fiscal Policy: Tackling Labour Migration Problems 6. J-Curve: Facing Exchange Rate and Current Account Fluctuation Risks in the Open Economies of the CIS 7. A Model of Fiscal Policy: Currency Crisis and Foreign Exchange Reserves Dynamics 8. Fiscal Policy Lessons for the CIS and Beyond the Economic Crisis

About the Author

Aleksandr V. Gevorkyan is Assistant Professor of Economics at the Peter J. Tobin College of Business in St. John's University. He is a professional economist with experience in macroeconomic analysis and financial markets. He has also taught financial economics and economic development at Columbia University and New York University, The New School and MBA concentrations at St. John's University and Long Island University. Dr. Gevorkyan has published in academic journals and reference volumes on international financial economics, macroeconomic policy, sovereign debt, labor migration and post-socialist transformation. He holds Ph.D. in Economics from The New School in New York.

About the Series

Routledge Studies in the Modern World Economy

In an increasingly interdependent world, many of the most important issues are driven by economic forces. This series applies newly developed economic techniques to some of the most pressing contemporary problems. The aim of the series is to demonstrate the relevance of modern economic theory to the modern world economy, and to provide key reading for researchers and policy-makers.

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Subject Categories

BISAC Subject Codes/Headings:
BUSINESS & ECONOMICS / Development / Economic Development
BUSINESS & ECONOMICS / Economics / General
BUSINESS & ECONOMICS / International / Economics