01704cas a2200241 a 4500 AALejournalIMF007780 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451981698 1018-5941 BD-DhAAL BD-DhAAL International Monetary Fund. The Evolving Role of Fiscal Policy in Centrally Planned Economies Under Reform : The Case of China. Washington, D.C. : International Monetary Fund, 1989. 1 online resource (42 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students 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. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1989/026 Full text available on IMF http://elibrary.imf.org/view/journals/001/1989/026/001.1989.issue-026-en.xml IMF e-Library