The Financial Reform in Finland.

This paper examines the evolution of the Finnish financial system from a restrictive system based on credit limitations and rationing to an open system which relies on indirect, market-oriented policies. The main beneficiaries are found to be the banks and those that previously had restricted access...

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Библиографические подробности
Соавтор: International Monetary Fund
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 1988.
Серии:IMF Working Papers; Working Paper ; No. 1988/089
Online-ссылка:Full text available on IMF
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245 1 4 |a The Financial Reform in Finland. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1988. 
300 |a 1 online resource (38 pages) 
490 1 |a IMF Working Papers 
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 examines the evolution of the Finnish financial system from a restrictive system based on credit limitations and rationing to an open system which relies on indirect, market-oriented policies. The main beneficiaries are found to be the banks and those that previously had restricted access to bank credit. Two major remaining problems are the anti-savings biases associated with the generous tax treatment of household interest payments and the cartel-like system used in providing tax-free deposits to households. The paper also challenges the argument that the reform caused a loss of monetary autonomy. 
538 |a Mode of access: Internet 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1988/089 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1988/089/001.1988.issue-089-en.xml  |z IMF e-Library