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Keeping Slovenian Public Finances on a Sustainable Path

Keeping Slovenian Public Finances on a Sustainable Path

https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_journals_1698878861

Keeping Slovenian Public Finances on a Sustainable Path

About this item

Full title

Keeping Slovenian Public Finances on a Sustainable Path

Publisher

St. Louis: Federal Reserve Bank of St. Louis

Journal title

IDEAS Working Paper Series from RePEc, 2009-01

Language

English

Formats

Publication information

Publisher

St. Louis: Federal Reserve Bank of St. Louis

Subjects

Subjects and topics

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Scope and Contents

Contents

This paper examines various aspects of fiscal policy in Slovenia, in particular fiscal consolidation, pension reform, efficiency of government spending and the tax system. It finds that Slovenia belongs to the group of new EU member countries, which have given in the past a high priority to fiscal prudence. This both stabilised the economy and paved the way for entry to the EU in 2004 and adoption of the euro in 2007. It also created room to counteract the current weakening of the economy. But fiscal policy has to cope with four main challenges: i) ensuring a return to fiscal consolidation after the current economic downturn; ii) achieving longer-term fiscal sustainability by continuing pension reform; iii) limiting growth of public spending and improving its quality; and iv) making the tax system less distorting for job creation and growth. This Working Paper relates to the 2009 OECD Economic Survey of the Slovenia (www.oecd.org/eco/surveys/slovenia). Assurer la viabilité des finances publiques slovènes Cet article examine différents aspects de la politique budgétaire de la Slovénie, en particulier l'assainissement budgétaire, la réforme des retraites, l'efficience des dépenses publiques et la fiscalité. La Slovénie peut ainsi disposer d'une marge pour contrecarrer l'affaiblissement actue...

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Full title

Keeping Slovenian Public Finances on a Sustainable Path

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Record Identifier

TN_cdi_proquest_journals_1698878861

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https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_journals_1698878861