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01576cas a2200241 a 4500 |
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|c 5.00 USD
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|z 9781451847048
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|a 1018-5941
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|a BD-DhAAL
|c BD-DhAAL
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|a Laurens, Bernard.
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|a Refinance Instruments :
|b Lessons From their Use in Some Industrialized Countries /
|c Bernard Laurens.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 1994.
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| 300 |
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|a 1 online resource (32 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a Many central banks around the world are gradually shifting from a system of direct controls towards the implementation of monetary policy through market-oriented instruments, including refinance facilities. This paper reviews the use of refinance instruments in a sample of industrialized countries, and discusses how central banks use them to influence short-term interest rates and to manage banks' reserves. Some lessons are suggested for their implementation in developing countries or economies in transition.
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| 538 |
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|a Mode of access: Internet
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|a IMF Working Papers; Working Paper ;
|v No. 1994/051
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/1994/051/001.1994.issue-051-en.xml
|z IMF e-Library
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