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Monetary and Financial Policies in the Transition Period

  • Philipp Rieger
Part of the East-West European Economic Interaction book series (EEIIWP)

Abstract

In the usage of the IMF and the World Bank the term “financial policies” comprises both fiscal and monetary policies. As a former central banker I will confine my comments in this paper to the rôle of monetary policy in a period of transition and the institutional framework necessary for its proper functioning under market conditions.

Keywords

Interest Rate Monetary Policy Central Bank Banking System Commercial Bank 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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References

  1. 2).
    For discussion of the Austrian case see Hochreiter, E., “The Austrian National Bank Act: What does it say about monetary policy?”, in: Konjunkturpolitik No. 4, 1990. See also Androsch, Ch. 12 of this volume.Google Scholar
  2. 4).
    Richter, S., “Hard currency export boom of an economy in a mess”, in: WIIW-Mitgliederinformation, No. 8, 1990, p. 24.Google Scholar

Copyright information

© Wiener Institut für Internationale Wirtschaftsvergleiche (WIIW) / The Vienna Institute for Comparative Economic Studies 1992

Authors and Affiliations

  • Philipp Rieger
    • 1
  1. 1.Advisor to the BoardCreditanstalt-BankvereinViennaAustria

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