Transformation of Markets and Policy Instruments for Open Market Operations /

As developing countries and economies in transition have relied on deregulated, competitive markets to spur growth, their central banks have shifted toward using open market operations as a tool of monetary policy. To be most effective, such operations require supportive changes in other policy inst...

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Bibliographic Details
Main Author: Axilrod, S.
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1995.
Series:IMF Working Papers; Working Paper ; No. 1995/146
Online Access:Full text available on IMF