Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/57065
Year of Publication: 
2010
Series/Report no.: 
Working Paper No. 598
Publisher: 
Levy Economics Institute of Bard College, Annandale-on-Hudson, NY
Abstract: 
This paper looks at the countries of Central and Eastern Europe (CEE) and the Commonwealth of Independent States (CIS), where economies have been most dramatically hit by the global crisis and its impact is likely to be most long-lasting, especially among poor and vulnerable groups. Using poverty as the main axis, it looks at aspects of economic and social development in countries at similar poverty levels to identify the degree of fiscal space in each, as well as the different policy choices made. The paper argues that despite such economic fundamentals as increasing external debt, worsening current account imbalances, and demands for a balanced budget, governments have policy choices to make about how to protect different groups, especially the most vulnerable-including women.
Subjects: 
economic crisis
gender
policy response
pro-poor macro policies
policy space
Central and Eastern Europe
Commonwealth of Independent States
JEL: 
B5
E6
E61
Document Type: 
Working Paper

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