Naghshineh-Pour, Amir (2009): Iran’s Banking and Monetary Problems.
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Iran has had many self-imposed economic crises. Many of which relate to the poorly managed banking system as well as flawed monetary and fiscal policy. Inefficiency of the banking-monetary system in Iran is a well known fact. A complete overhaul of the current system should be one of the essential priorities of any economic reformation and development. The banking-monetary system of any country has a key role in its economic efficiency and strength, price stability, production, and economic growth. The main functions of a banking-monetary system are to provide fiscal resources, to prepare ground for optimal allocation of capital in the economy, to distribute the wealth in the best possible way, and to ease economic development. This is particularly important in Iran because capital markets are underdeveloped.
|Item Type:||MPRA Paper|
|Original Title:||Iran’s Banking and Monetary Problems|
|English Title:||Iran’s Banking and Monetary Problems|
|Keywords:||Iran; Banking; Monetary Policy; Fiscal Policy|
|Subjects:||F - International Economics > F0 - General > F00 - General
H - Public Economics > H0 - General
|Date Deposited:||18. Jun 2009 11:14|
|Last Modified:||15. Feb 2013 23:11|
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