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This chapter examines whether funds can help countries pursue good macroeconomic, and especially fiscal policies, and consequent design issues. Nonrenewable resource funds (NRF) have been suggested as a way of dealing with the effects of price variability, making it easier to put revenues aside...
Persistent link: https://www.econbiz.de/10014404897
Privatization has been a key element of structural reform in many developing and transition economies during the last decade. This paper examines the fiscal and macroeconomic issues involved in the privatization of nonfinancial public enterprises in these economies. It considers issues such as...
Persistent link: https://www.econbiz.de/10014404967
China’s transformation into a dynamic private-sector-led economy and its integration into the world economy have been … aspects of recent developments in China’s macroeconomy and economic structure. It also surveys the main policy challenges that … will need to be addressed for China to maintain sustained high growth and continued global integration …
Persistent link: https://www.econbiz.de/10014405175