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.
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References
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.
Richter, S., “Hard currency export boom of an economy in a mess”, in: WIIW-Mitgliederinformation, No. 8, 1990, p. 24.
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© 1992 Wiener Institut für Internationale Wirtschaftsvergleiche (WIIW) / The Vienna Institute for Comparative Economic Studies
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Rieger, P. (1992). Monetary and Financial Policies in the Transition Period. In: Saunders, C.T. (eds) Economics and Politics of Transition. East-West European Economic Interaction. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-12923-2_7
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DOI: https://doi.org/10.1007/978-1-349-12923-2_7
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-12925-6
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