Assesses the shock and size of adjustment to monetary policy programmes for developing countries lacking sophisticated financial sectors. Studies of six countries analyze the interaction between the factors involved and development. Editor(s): Page, Sheila. Num Pages: 384 pages, graphs, tables, bibliography, index. BIC Classification: GTF; KCBM; KCM. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. Dimension: 234 x 156 x 22. Weight in Grams: 658. . 1993. 1st Edition. library. . . . . Books ship from the US and Ireland.

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Bibliographic Details

Title: Monetary Policy in Developing Countries
Publisher: Routledge
Publication Date: 1993
Language: English
ISBN 10: 0415088224
ISBN 13: 9780415088220
Condition: New

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Synopsis

Developing countries now use monetary policy as part of their adjustment programmes but its targets, the tools, and the theory were developed for advanced countries. Low income countries do not have the sophisticated financial sectors that rich ones can assume, and the shocks and size of adjustment which they face may be much greater. Using six country studies, with special analysis of the roles of the external sector and the informal financial sector, this book analyses the interaction among monetary policy, the financial sector, and development.

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Shelia Page

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