Public Investment, Growth and Fiscal Constraints: Challenges for the EU New Member States

Front Cover
Massimo Florio
Edward Elgar Publishing, Jan 1, 2011 - Business & Economics - 328 pages
This book makes a unique contribution in advancing understanding of the fiscal condition and growth potential of the New Member States of the European Union. It provides new data, policy evaluation, and offers national and regional perspectives. The core
 

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Contents

1 Budget deficits public debt and the level of public investment
3
2 Recent advances in public investment fiscal policy and growth
25
a post Keynesian viewpoint
49
PART II Public investment and fiscal conditions in the EU New Member States
111
4 Patterns and trends of public investment in the New Member States of the European Union
113
public sector accounts and convergence criteria
136
an overview
155
PART III Investment structural change and regional policy
227
shiftshare analysis of productivity growth and its determinants
229
perspectives for the New Member States
250
the role of regional policies
265
Index
289
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About the author (2011)

Massimo Florio is Professor of Public Economics and Jean Monnet Chair of Economics of European Integration at the University of Milan. He has been a visiting scholar at the London School of Economics and at other British universities. As an advisor to the European Commission, he wrote the EC "Guide to Cost-Benefit Analysis of Investment Projects" on behalf of the Regional Policy Evaluation Unit and has been involved as an independent expert in the evaluation of public policies and projects in several European countries.

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