01735cas a2200241 a 4500 AALejournalIMF002536 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451846256 1018-5941 BD-DhAAL BD-DhAAL Kopits, George. Fiscal Reform in European Economies in Transition / George Kopits. Washington, D.C. : International Monetary Fund, 1991. 1 online resource (42 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Most European economies in transition are engaged in public sector reform aimed mainly at replacing the previous fiscal system subordinated to the central plan with a system where fiscal instruments can make a distinct contribution to stabilization, equity, and efficiency. This paper examines past progress and future tasks in major reform areas: taxation, subsidies, social security, public investment, public enterprises, government debt, and intergovernmental relations. An overview of the fiscal reform process suggests that the contraction and restructuring of government operations are not likely to materialize soon and that there is a serious risk of widening fiscal imbalances during the transition. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1991/043 Full text available on IMF http://elibrary.imf.org/view/journals/001/1991/043/001.1991.issue-043-en.xml IMF e-Library