In developing countries, the evolution of financial markets and growing disenchantment with directed credit programs and bank-by-bank credit ceilings have increased the interest in examining and moving to indirect methods of implementing monetary policy. The authors provide an overview of the policy issues developing countries face in light of industrial country experience in the last two decades. They discuss the objectives of monetary policy and...
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INFORMACIÓN
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1990/10/31
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Documento de trabajo sobre investigaciones relativas a políticas
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WPS528
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1
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1
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2010/07/01
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Monetary policy instruments for developing countries
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monetary policy