Monetary and Financial Policies in Developing Countries : Growth and Stabilization book cover
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Monetary and Financial Policies in Developing Countries
Growth and Stabilization




ISBN 9780415108706
Published February 3, 1996 by Routledge
244 Pages

 
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Book Description

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.

Reviews

'This is an excellent tour d'horizon of a complex and controversial subject.' - Development Policy Review