Comparative evaluation of the Lithuanian public expenditure scale and structure

Abstract

Abstract Since the restoration of independence (1990) significant changes were made in all aspects of Lithuania's economy. The achievements of the country in the area of economic development are obvious ‐ the essential preconditions for faster economic growth and approaching to the social‐economical life standards of advanced countries were created during a transition period. The exceptional role between different factors of social‐economical development of the country is ascribed to public finance. The statistics shows persuasive common world tendency of public expenditure growth. It can be explained in relation to historical changes of the sense, role and principles of management. The comparison of 1995–2001 year indicators, describing the public expenditure of Lithuania with the other countries including four new residents of the EU (Czech Republic, Estonia, Latvia, Poland), five old ones (Austria, Belgium, Denmark, Germany, United Kingdom) and two representatives of CIS (Belorus and Rusia) is resulted...