附註:Includes bibliographical references (pages 159-166).
1. Recent Economic Developments. Developments in the Real Sector. Prices, Credit and Money. Developments in Public Finance. External Trade and Payments. Managing the Boom: The Government's Stabilization Program -- 2. Decentralization and the Government Deficit. The Size of the Government Deficit. The Revenue System and Causes of the Consolidated Government Deficit. Declining Control Over Government Expenditures and the Deficit -- 3. Anatomy of Declining Monetary Control. Monetary Policy and the Financing of the Consolidated Government Deficit. The Paucity of Monetary Policy Instruments. The Decline of the Credit Plan. Recurring Cycles of Inflation and Retrenchment -- 4. Structural Reforms for Macroeconomic Stability: An Evaluation of Ongoing Initiatives and Recommendations. The Significance of the Third Plenum's Reform Agenda. Reducing the Consolidated Government Deficit. Toward a More Effective Monetary Policy -- Annex: Structure of Interest Rates.
