Fiscal Reform Over Ten Years of Transition /
This paper analyzes fiscal reforms in transition economies during the decade leading up to 1998. The paper argues that macroeconomic stabilization, price liberalization and privatization-the core reforms visualized by the shock therapy approach-are necessary but not sufficient conditions for a compl...
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| Format: | Journal |
| Language: | English |
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Washington, D.C. :
International Monetary Fund,
2000.
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| Series: | IMF Working Papers; Working Paper ;
No. 2000/113 |
| Online Access: | Full text available on IMF |
| Summary: | This paper analyzes fiscal reforms in transition economies during the decade leading up to 1998. The paper argues that macroeconomic stabilization, price liberalization and privatization-the core reforms visualized by the shock therapy approach-are necessary but not sufficient conditions for a complete transition to a market economy. Further deep changes-such as the creation of new fiscal institutions, changes in incentives and processes, and changes in the role of government-are needed. |
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| Item Description: | <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required |
| Physical Description: | 1 online resource (31 pages) |
| Format: | Mode of access: Internet |
| ISSN: | 1018-5941 |
| Access: | Electronic access restricted to authorized BRAC University faculty, staff and students |