The Evolving Role of Fiscal Policy in Centrally Planned Economies Under Reform : The Case of China.

Market-oriented economic reforms in centrally planned economies have altered the functions and objectives of key policy instruments, particularly in the case of fiscal policy. As a result of reform, economic management requires the use of 'indirect' levers to regulate the behavior of incre...

詳細記述

書誌詳細
団体著者: International Monetary Fund
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 1989.
シリーズ:IMF Working Papers; Working Paper ; No. 1989/026
オンライン・アクセス:Full text available on IMF
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245 1 4 |a The Evolving Role of Fiscal Policy in Centrally Planned Economies Under Reform :   |b The Case of China. 
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300 |a 1 online resource (42 pages) 
490 1 |a IMF Working Papers 
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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 Market-oriented economic reforms in centrally planned economies have altered the functions and objectives of key policy instruments, particularly in the case of fiscal policy. As a result of reform, economic management requires the use of 'indirect' levers to regulate the behavior of increasingly autonomous economic agents. In this respect, fiscal policy becomes central and its macroeconomic role is enhanced. This paper studies the recent Chinese experience, reviewing fiscal developments and analyzing the effectiveness and appropriateness of available fiscal instruments in performing their newly enhanced macroeconomic role. 
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830 0 |a IMF Working Papers; Working Paper ;  |v No. 1989/026 
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