Interpreting EU Funds Data for Macroeconomic Analysis in the New Member States

Interpreting EU Funds Data for Macroeconomic Analysis in the New Member States
Drawing on a dataset suitable for macroeconomic analysis, the paper provides an overview of the magnitudes, purpose and institutional implications of EU-related transfers to and from the new member states. A rough analysis of accounting identities and first-round effects shows that EU funds may have led to a fiscal drag of up to 1 percent of GDP... READ MORE...

Publication date: April 2007
ISBN 9781451866414
$18.00

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