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Financial Markets and Public Finance in the Transformation Process

The paper surveys the role of financial markets and fiscal institutions in the transformation process going on in Eastern and Central Europe. It highlights (a) the need to create some sort of “social ecological balance” necessary for the working of a modern market economy; (b) the need to develop ap...

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Bibliographic Details
Main Author: Tanzi, Vito
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1992
Series:IMF Working Papers
Subjects:
Macroeconomics
Debt
Public Finance
Micro Finance Institutions
Mortgages
Civil Service & Public Sector
Fiscal Policy
Public Financial Management (pfm)
Expenditure
Public Enterprises
Public Sector
Finance, Public
Economic Sectors
Debts, Public
Commercial Banks
Public Finance & Taxation
Banking
Banks
Banks And Banking
Financial Institutions
National Government Expenditures And Related Policies: General
Debt Management
Expenditures, Public
Public-private Enterprises
Depository Institutions
Sovereign Debt
Government Debt Management
Financial Markets And The Macroeconomy
Hungary
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:The paper surveys the role of financial markets and fiscal institutions in the transformation process going on in Eastern and Central Europe. It highlights (a) the need to create some sort of “social ecological balance” necessary for the working of a modern market economy; (b) the need to develop appropriate financial institutions that can mobilize savings and allocate them efficiently; and (c) the major reforms necessary in the fiscal area. It also calls attention to the extent to which monetary and fiscal policies overlap in these countries and the implications of that overlapping
Physical Description:34 pages
ISBN:9781451844719

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