Financial Sector Reform and Central Banking in Centrally Planned Economies.

This paper reviews key areas of central banking reform in a sample of centrally planned economies undergoing transition to market-based systems. The discussion draws mainly on the experiences of four countries, Hungary, Poland, Czechoslovakia, and China. Significant efforts have been made, or are un...

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Detalles Bibliográficos
Autor Corporativo: International Monetary Fund
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 1990.
Colección:IMF Working Papers; Working Paper ; No. 1990/120
Acceso en línea:Full text available on IMF
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245 1 0 |a Financial Sector Reform and Central Banking in Centrally Planned Economies. 
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500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper reviews key areas of central banking reform in a sample of centrally planned economies undergoing transition to market-based systems. The discussion draws mainly on the experiences of four countries, Hungary, Poland, Czechoslovakia, and China. Significant efforts have been made, or are under consideration, in all countries to develop a more efficient framework for monetary management, and to provide greater autonomy to central banks in macro stabilization policies. These objectives call for a coordinated approach to strengthening a wide range of central banking functions simultaneously, and require that a core mass of supporting financial sector reforms be implemented to ensure effective transformation and stabilization with minimal transitional costs. 
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830 0 |a IMF Working Papers; Working Paper ;  |v No. 1990/120 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1990/120/001.1990.issue-120-en.xml  |z IMF e-Library