01572cas a2200241 a 4500 AALejournalIMF015401 230101c9999 xx r poo 0 0eng d 5.00 USD 9781513566399 1018-5941 BD-DhAAL BD-DhAAL Koczan, Zsoka. Fiscal Deficit and Public Debt in the Western Balkans : 15 Years of Economic Transition / Zsoka Koczan. Washington, D.C. : International Monetary Fund, 2015. 1 online resource (20 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 In this paper we analyze how Western Balkans public finances adapted to the boom-bust cycle. Large capital inflows into emerging European economies during the mid-2000s resulted in rapid economic growth and convergence to EU income levels. This also resulted in improved fiscal positions of most countries, on the back of strong revenue performance. Yet, since the onset of the global economic crisis, many countries have struggled to adjust to the new situation of lower external financing and lower growth. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2015/172 Full text available on IMF http://elibrary.imf.org/view/journals/001/2015/172/001.2015.issue-172-en.xml IMF e-Library