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

The Case of China

Nopic
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,... READ MORE...

Publication date: March 1989
ISBN 9781451981698
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Publication date: March 1989

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