Finance & Development, September 1988 [electronic resource]

By: International Monetary Fund. External Relations DeptMaterial type: TextTextSeries: Finance & Development; Finance & Development, Volume 25 ; No. 3Publication details: Washington, D.C. : International Monetary Fund, 1988Description: 1 online resource (58 p.)ISBN: 1616353740 :ISSN: 0145-1707Subject(s): Foreign Borrowing | Income Taxes | Public Finance | Public Spending | Tax Systems | Botswana | Central African Republic | Indonesia | Jamaica | MexicoAdditional physical formats: Print Version:: Finance & Development, September 1988Online resources: IMF e-Library | IMF Book Store Abstract: This paper describes the need to improve public finance for development. The paper underscores that public finance affects aggregate resource use and, together with monetary and exchange rate policies, influences the balance of payments, the accumulation of external debt, and the inflation, interest, and exchange rates. It highlights that public spending taxes, user charges, and borrowing also affect the behavior of producers and consumers, and influence the distribution of wealth and income in any economy.
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This paper describes the need to improve public finance for development. The paper underscores that public finance affects aggregate resource use and, together with monetary and exchange rate policies, influences the balance of payments, the accumulation of external debt, and the inflation, interest, and exchange rates. It highlights that public spending taxes, user charges, and borrowing also affect the behavior of producers and consumers, and influence the distribution of wealth and income in any economy.

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