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|c 5.00 USD
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|z 9781451920987
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|a 1018-5941
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|a BD-DhAAL
|c BD-DhAAL
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|a Rostowski, Jacek.
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|a Systemic Requirements for Monetary Stability in Eastern Europe and the Former Soviet Union /
|c Jacek Rostowski.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 1994.
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|a 1 online resource (24 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 The primary function of banks during economic transformation is seen to be provision of an efficient payments mechanism. The lack of banking skills, particularly in credit allocation, is seen as the major problem in stable monetary systems. This is a problem which can be expected to last many years. The solution is to limit banks to very safe assets (initially central bank liabilities). Combining such safe banks with a monetary rule would provide stable monetary systems during transition.
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|a Mode of access: Internet
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|a IMF Working Papers; Working Paper ;
|v No. 1994/024
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/1994/024/001.1994.issue-024-en.xml
|z IMF e-Library
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