Monetary Policy in Developing Countries  book cover
1st Edition

Monetary Policy in Developing Countries

Edited By

Sheila Page

ISBN 9780415088220
Published March 26, 1993 by Routledge
384 Pages

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Book Description

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.

Table of Contents

Contributors: Sheila Page, Tony Addison, Lionel Demery, Tony Sowa, Christopher E. Lane, David C. Cole, Betty F. Slade, Ashok Parikh, Anita Santorum, J.J. Thomas, John Healy

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