EAN: 9783954891382

MONETARY POLICY AND PUBLIC FINANCE AN ASPECT OF...

There is a link between the financial development and a real growth of economies. Financial
development in combination with a growth in banking stimulates the entrepreneurs action  and
thus transfers resources from the traditional sector to the modern sector. This paper is
divided into two sections. Section A is entitled Monetary Economics  and covers the following
topics: Money in the macro economy  demand for money  supply for money  money and inflation 
central banking and monetary policy  international financial institutions and policy  monetary
market  and the Hansen Hickisian IS-LM curve analysis. Section B covers the topics of public
revenue  tax burden  and incidence of taxes  classification and choices of taxes  public debt 
public expenditure and public budget.

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