Monetary Policy in Developing Countries (Hardcover, New)

Increasingly developing countries are required to use monetary policy to meet the challenges of both short-term stabilization and long-term adjustment. Their experience has not been encouraging, but whether this is because of the policies or because of the countries is unclear. These policies and mechanisms, and the monetary theory which underlies them, were developed for advanced economics; even the newly industrializing countries have only had active monetary intervention relatively recently. Now it is being used in the poorest countries. Most research and discussion of policy has started from the question of how to use the financial sector to make monetary policy more effective. "Monetary Policy in Developing Countries" goes beyond this to examine both monetary policy and the creation of a modern financial sector in the wider context of overall development. What do governments and analysts expect from monetary policy, and what type of financial sector can deliver this? Does such a structure exist in developing countries or can it be created? And what else can an effective financial sector contribute to the economy as a whole?

General

Imprint:	Routledge
Country of origin:	United Kingdom
Release date:	March 1993
First published:	1993
Editors:	Sheila Page
Dimensions:	234 x 156 x 22mm (L x W x T)
Format:	Hardcover
Pages:	380
Edition:	New
ISBN-13:	978-0-415-08822-0
Categories:	Books > Reference & Interdisciplinary > Interdisciplinary studies > Development studies Books > Business & Economics > Economics > Development economics Books > Business & Economics > Economics > Macroeconomics > Monetary economics
LSN:	0-415-08822-4
Barcode:	9780415088220

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