Monetary Instruments and their Use During the Transition From a Centrally Planned to a Market Economy /
This paper discusses different instruments of monetary policy, and in particular the choice between direct and indirect instruments. It identifies the main characteristics of a country's financial system that should be considered in selecting monetary instruments, and analyzes how these charact...
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| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
1993.
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| Series: | IMF Working Papers; Working Paper ;
No. 1993/087 |
| Online Access: | Full text available on IMF |