The Evolving Role of Fiscal Policy in Centrally Planned Economies Under Reform

The Evolving Role of Fiscal Policy in Centrally Planned Economies Under Reform

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 1989-03-31

Total Pages: 42

ISBN-13: 1451981694

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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.


The Evolving Role of Fiscal Policy in Centrally Planned Economies Under Reform

The Evolving Role of Fiscal Policy in Centrally Planned Economies Under Reform

Author: Gyorgy Szapary

Publisher:

Published: 2006

Total Pages: 46

ISBN-13:

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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 quot;indirectquot; 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.


Taxation in Centrally Planned Economies

Taxation in Centrally Planned Economies

Author: P.T. Wanless

Publisher: Routledge

Published: 2018-06-28

Total Pages: 175

ISBN-13: 1351107194

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Economists studying comparative economic systems have generally neglected the important question of taxation in socialist countries. This is somewhat surprising since taxation plays an important role in the regulation of economic activity in these countries. This book, first published in 1985, aims to restore the study of taxation to its rightful role in comparative economic studies. It stresses the importance of taxation and the state budget and argues that these are tools of economic policy which complement central economic planning.


The Romanian Economic Reform Program

The Romanian Economic Reform Program

Author: Mr.Dimitri G. Demekas

Publisher: International Monetary Fund

Published: 1991-06-15

Total Pages: 50

ISBN-13: 9781557751904

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This paper outlines the main characteristics and the development of the centrally planned economic sysetm in Romania before the beginnings of the transition to a market eonomy it then presents the design, objectives, and implementation of the reform program.


Fiscal Policies in Economies in Transition

Fiscal Policies in Economies in Transition

Author: Mr.Vito Tanzi

Publisher: International Monetary Fund

Published: 1992-06-01

Total Pages: 376

ISBN-13: 9781557751911

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The collapse of central economic planning in many countries and the breakup of the Soviet Union have put into disarray systems of government revenues and expenditures in those countries. This collection of 16 papers, edited by Vito Tanzi, analyzes the strengths and weaknesses of fiscal policies under the old system of central planning and suggests ways to revitalize those policies in the newly emerging market economies.