TY - BOOK ED - International Monetary Fund. TI - Finance & Development, September 1988 T2 - Finance & Development; Finance & Development, Volume 25 SN - 1616353740 : SN - 0145-1707 PY - 1988/// CY - Washington, D.C. PB - International Monetary Fund KW - Foreign Borrowing KW - imf KW - Income Taxes KW - Public Finance KW - Public Spending KW - Tax Systems KW - Botswana KW - Central African Republic KW - Indonesia KW - Jamaica KW - Mexico N2 - 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 UR - http://elibrary.imf.org/view/IMF022/12524-9781616353742/12524-9781616353742/12524-9781616353742.xml UR - http://www.imfbookstore.org/IMFORG/9781616353742 ER -