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Monetary Policy in Developing Countries

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Monetary Policy in Developing Countries 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.

About This Edition

ISBN: 9780415088220
Publication date:
Author: Sheila Page
Publisher: Routledge an imprint of Taylor & Francis Ltd
Format: Hardback
Pagination: 380 pages
Genres: Development economics and emerging economies

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