Monetary policy instruments for developing countries

Rapid structural change and widespread adoption of financial sector reforms in developing countries have placed pressure on traditional instruments of monetary control. It is widely accepted that, if the necessary macroeconomic control can be maintained, a move to an indirect, market-oriented system...

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Bibliographic Details
Corporate Author: Banco Mundial
Other Authors: Caprio, Gerard, Jr., ed, Honohan, Patrick, ed
Format: Book
Published: Washington, D.C. World Bank 1991
Series:A World Bank Symposium
Subjects: