Monetary Policy Instruments for Developing Countries

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Monetary Policy Instruments for Developing Countries

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Monetary Policy Implementation

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Since the early 1990s, the IMF has been advising countries to shift to the use of indirect instruments for executing monetary policy. This paper provides inform

Evolving Monetary Policy Frameworks in Low-Income and Other Developing Countries

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Over the past two decades, many low- and lower-middle income countries (LLMICs) have improved control over fiscal policy, liberalized and deepened financial mar

Money and Monetary Policy in Less Developed Countries

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Money and Monetary Policy in Less Developed Countries: A Survey of Issues and Evidence focuses on monetary policy, the financial intermediation process, and the