Monetary Policy in Developing Countries
Book Details
Format
Hardback or Cased Book
ISBN-10
0415088224
ISBN-13
9780415088220
Publisher
Taylor & Francis Ltd
Imprint
Routledge
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Mar 11th, 1993
Print length
380 Pages
Weight
658 grams
Ksh 33,850.00
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This assesses the role of monetary policy in developing countries lacking sophisticated financial sectors. Studies of six countries analyse the interaction between these factors involved and development
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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