Monetary And Financial Policies In Developing Countries

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The issue of economic development and monetary stability has produced one of the most passionate debates in economic literature. Yet, much of the evidence employed in this debate is contradictory. Monetary and Financial Policies in Developing Countries: Growth and Stabilization brings together diverse views on the subject within a coherent framework. The work includes: * a balanced assessment of empirical findings and their theoretical foundations on the role of money and growth * a discussion of financial liberalization reform in developing countries * an analysis of monetary policy as an instrument of economic stabilization * an examination of the monetary supply and demand process in developing countries * a study of the relationship between money, credit, the balance of payments, inflation and the exchange rate system * a reflection on market failures and the role of government.

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Genre : Business & Economics
Author : Anis Chowdhury
Publisher : Routledge
Release : 2003-05-20
File : 304 Pages
ISBN-13 : 9781134838981


Letter From The National Advisory Council On International Monetary And Financial Policies Transmitting A Special Report On The Proposed Replenishment Of The Resources Of The International Development Association

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Genre : Balance of payments
Author : National Advisory Council on International Monetary and Financial Policies (U.S.)
Publisher :
Release : 1968
File : 48 Pages
ISBN-13 : UOM:35112101713685


Liberalization Financial Instability And Economic Development

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Weighing up the costs and benefits of economic interdependence in a finance-driven world, this book argues that globalization, understood and promoted as absolute freedom for all forms of capital, has been oversold to the Global South, and that the South should be as selective about globalization as the North. ‘Liberalization, Financial Instability and Economic Development’ challenges the orthodoxy on the link between financial deepening and economic growth, as well as that between the efficiency of financial markets and the benefits of liberalization. Ultimately, the author urges developing countries to control capital flows and asset bubbles, preventing financial fragility and crises, and recommends regional policy options for managing capital flows and exchange rates.

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Genre : Business & Economics
Author : Yılmaz Akyüz
Publisher : Anthem Press
Release : 2014-05-01
File : 338 Pages
ISBN-13 : 9781783082292


Challenges In Economic And Financial Policy Formulation

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Challenges in Economic and Financial Policy Formulation provides an introductory, yet comprehensive, treatment of macroeconomic policies and their implementation in an Islamic-designed economic system.

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Genre : Religion
Author : H. Askari
Publisher : Springer
Release : 2014-12-16
File : 459 Pages
ISBN-13 : 9781137381996


International Financial Policy And Economic Development

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This book focuses on the international financial problems of developing countries and the ways in which international financial policy might be used to alleviate them. A strong theme that emerges is that developing countries cannot be treated as a homogenous group from the viewpoint of their international financial problems. At the very least, a distinction needs to be drawn between the newly industrialising countries of Latin America and South-east Asia and the low income countries of Africa and Asia.

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Genre : Business & Economics
Author : Graham Bird
Publisher : Springer
Release : 1986-12-03
File : 364 Pages
ISBN-13 : 9781349085798


Economic Theory And Financial Policy

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As former Director of Research and a founding member of the Executive Board of the International Monetary Fund, Jacques J. Polak has advised theoreticians and policymakers worldwide. This collection brings together his most current writings, and is published under the auspices of the IMF. The hallmark of Dr. Polak's recent research has been his ability to draw on decades of personal experience and reflection to comprehend and describe the context for current policy debates. In the past decade, he has contributed much to the debates on international financial policy and the role of the IMF, and this volume brings together most of these recent papers to make them accessible to a broader audience.

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Genre : Business & Economics
Author : Jacques J. Polak
Publisher : Routledge
Release : 2016-07-22
File : 268 Pages
ISBN-13 : 9781317472483


Monetary Policy In Low Financial Development Countries

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The book gives a broad coverage of the monetary policy issues in Low Financial Development Countries (LFDCs). These low and lower middle income countries are characterized by a predominance of bank finance, shallow financial markets, low financial inclusion, weak integration with world capital markets and a high degree of informality in economic activity. Monetary policy acquires special twists, making it different in many aspects from the policies followed in advanced and emerging market economies. The book covers the main facets of monetary policy making, using an approach that combines the discussion of theoretical arguments, of results from empirical studies and of policy experiences relevant for LFDCs. The book presents the monetary policy instruments they use and assesses the specificities of their monetary transmission mechanism. It evaluates the advantages, drawbacks and challenges of the different nominal anchors they may choose from: exchange rate targeting, monetary targeting and inflation targeting. This discussion is set against the background of the three main goals pursued by central banks: price, output and financial stability. Particular attention is devoted to the issue of the credibility of central banks and to the trade-offs they face when external shocks, to which these countries are very vulnerable, lead to conflicts among the three goals they pursue. The book also covers more specific topics, such as the challenges raised by fiscal dominance and by dollarization, the implications of informal labor markets and of microfinance institutions for monetary policy-making and the role of models for forecasting and policy evaluation.

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Genre : Business & Economics
Author : Juan-Antonio Morales
Publisher : Oxford University Press
Release : 2021
File : 384 Pages
ISBN-13 : 9780198854715


Issues In Monetary Financial And Macroeconomic Adjustment Policies

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This collection of survey articles sheds light on crucial questions in the field of monetary, financial and macroeconomic policy. Applies rigorous economic theory and empirical analysis to important practical policy issues. Considers the role of the financial sector in economic development. Looks at why financial crises occur and how they can be avoided. Discusses the relationship between macroeconomic adjustment and poverty. Asks if low-inflation rate regimes are at risk from the ‘zero bound’ to nominal interest rates. Provides accessible overviews of recent research into these questions.

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Genre : Business & Economics
Author : Stuart Sayer
Publisher : John Wiley & Sons
Release : 2005-02-11
File : 292 Pages
ISBN-13 : 9781405129114


Financial Development And Economic Growth

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This work contains original contributions on the theory of the relationship between financial development and economic growth.

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Genre : Developing countries
Author : Niels Hermes
Publisher : Psychology Press
Release : 1996
File : 382 Pages
ISBN-13 : 9780415133920


Current Developments In Monetary And Financial Law Vol 3

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The Legal Department and the Institute of the IMF held their eighth biennial seminar for legal advisers of central banks of member countries on May 7-17,2000. The papers presented in this volume are based on presentations made by the seminar participants. The seminar covered a broad range of topics, including activities of the IMF and other international financial institutions, sovereign debt restructuring, the architecture of the international financial system, and money laundering and the financing of terrorism. In addition, participants addressed the role of central banks, payment systems, securities, technology in the financial sector, and monetary arrangements.

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Genre : Business & Economics
Author : International Monetary Fund
Publisher : International Monetary Fund
Release : 2005-04-29
File : 1018 Pages
ISBN-13 : 1589063341