In its broadest sense, the phrase “financial reform” refers to any systems or measures meant to adjust basic characteristics of a nation’s monetary and banking system. Lately the time period has been extended to include proposals for reform of your Worldwide financial mechanism by means of essential changes while in the existing method of fun

Cash and increment levies. Most of the monetary reforms, notably All those in western Europe, have been accompanied by a census of both financial and real property. This served the objective of laying The idea for funds levies and for taxes on funds increments and war gains—fiscal devices that in many countries, together with Denmark and Norway,

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