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Appendix I. Advantages of Borrowing from the Central Bank

Appendix I. Advantages of Borrowing from the Central Bank »

Source: Limiting Central Bank Credit to the Government : Theory and Practice

Series: Occasional Papers

Author(s): Carlo Cottarelli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1993

ISBN: 9781557753588

Keywords: central bank, current account, monetary policy, inflation, central banks

This appendix addresses two issues. First, under what conditions borrowing from the central bank is more convenient for the government than borrowing from the market. Second, under...

Appendix II Relevance of Institutional Constraints

Appendix II Relevance of Institutional Constraints »

Source: Limiting Central Bank Credit to the Government : Theory and Practice

Series: Occasional Papers

Author(s): Carlo Cottarelli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1993

ISBN: 9781557753588

Keywords: central bank, current account, monetary policy, inflation, central banks

The issue of whether institutional constraints, including those on central bank credit, can be effective in preserving central bank independence has always been highly controversial...

Appendix III Central Bank Credit to the Government in 57 Countries

Appendix III Central Bank Credit to the Government in 57 Countries »

Source: Limiting Central Bank Credit to the Government : Theory and Practice

Series: Occasional Papers

Author(s): Carlo Cottarelli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1993

ISBN: 9781557753588

Keywords: central bank, current account, monetary policy, inflation, central banks

This appendix presents some factual information on how formal constraints on central bank credit to the government are regulated in a sample of 57 countries. The sample includes all...

Hungary
			: Economic Policies for Sustainable Growth

Hungary : Economic Policies for Sustainable Growth »

Series: Occasional Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 February 1998

DOI: http://dx.doi.org/10.5089/9781557757098.084

ISBN: 9781557757098

Keywords: inflation, debt, current account, interest, national bank

Economic developments in Hungary during 1995-97 illustrate one of the most remarkable cases of macroeconomic adjustment in Europe over the last decade. Several momentous steps in the integration of the Hungarian ec...

Hungary

Hungary »

Source: Hungary : Fourth Review Under the Stand-By Arrangement, and Request for Modification of Performance Criteria

Volume/Issue: 2009/330

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 December 2009

ISBN: 9781451818161

Keywords: inflation, central bank, external debt, foreign currency, current account

This paper discusses key findings of the Fourth Review Under the Stand-By Arrangement for Hungary. All end-September 2009 quantitative performance criteria, the continuous performance criterion on nonaccumulation o...

Hungary: Fourth Review Under the Stand-By Arrangement, and Request for Modification of Performance Criteria-Informational Annex

Hungary: Fourth Review Under the Stand-By Arrangement, and Request for Modification of Performance Criteria-Informational Annex »

Source: Hungary : Fourth Review Under the Stand-By Arrangement, and Request for Modification of Performance Criteria

Volume/Issue: 2009/330

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 December 2009

ISBN: 9781451818161

Keywords: inflation, central bank, external debt, foreign currency, current account

This paper discusses key findings of the Fourth Review Under the Stand-By Arrangement for Hungary. All end-September 2009 quantitative performance criteria, the continuous performance criterion on nonaccumulation o...

Back Matter

Back Matter »

Source: Hungary : Economic Policies for Sustainable Growth

Series: Occasional Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 February 1998

ISBN: 9781557757098

Keywords: inflation, debt, current account, interest, national bank

Economic developments in Hungary during 1995-97 illustrate one of the most remarkable cases of macroeconomic adjustment in Europe over the last decade. Several momentous steps in the integration of the Hungarian ec...

Front Matter

Front Matter »

Source: Hungary : Economic Policies for Sustainable Growth

Series: Occasional Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 February 1998

ISBN: 9781557757098

Keywords: inflation, debt, current account, interest, national bank

Economic developments in Hungary during 1995-97 illustrate one of the most remarkable cases of macroeconomic adjustment in Europe over the last decade. Several momentous steps in the integration of the Hungarian ec...

I. Introduction

I. Introduction »

Source: Limiting Central Bank Credit to the Government : Theory and Practice

Series: Occasional Papers

Author(s): Carlo Cottarelli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1993

ISBN: 9781557753588

Keywords: central bank, current account, monetary policy, inflation, central banks

It is in this city of Khan-balik that the Great Khan has his mint; and it is so organized that you might well say that he has mastered the art of alchemy… [H]e has money made for him… out of the...

I. Introduction

I. Introduction »

Source: Hungary : Economic Policies for Sustainable Growth

Series: Occasional Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 February 1998

ISBN: 9781557757098

Keywords: inflation, debt, current account, interest, national bank

The process of macroeconomic adjustment and structural reform in Hungary during 1995–97 deserves attention for several reasons. First, the performance of the Hungarian e...