01716cas a2200241 a 4500 AALejournalIMF011754 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475502343 1018-5941 BD-DhAAL BD-DhAAL Qehaja, Driton. Fiscal Policy Response to External Crises the Case of Moldova 1998-2010 / Driton Qehaja. Washington, D.C. : International Monetary Fund, 2012. 1 online resource (33 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 External shocks pose major challenges to fiscal policy makers through lower output and large fiscal imbalances. This paper analyzes the case of Moldova, which faced parallel crises a decade apart: the Russian crisis of 1998 and the global financial crisis of 2008-2009. The country went through large fiscal adjustments during these crises and launched important fiscal reforms. The paper reviews the crises and reform experience. In particular, it aims to explain the motivation for reforms, describe reform design and implementation, and provide an understanding of their outcomes. The paper also catalogues the form and size of international assistance for Moldova. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2012/082 Full text available on IMF http://elibrary.imf.org/view/journals/001/2012/082/001.2012.issue-082-en.xml IMF e-Library