The Transmission Mechanism for Monetary Policy in Developing Countries /
In many developing countries the financial system is characterized by the absence of organized markets for securities and equities, by capital controls, and by legal ceilings on bank borrowing and lending rates, a situation which gives rise to parallel markets for foreign exchange and informal loan...
Autor principal: | |
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Formato: | Revista |
Lenguaje: | English |
Publicado: |
Washington, D.C. :
International Monetary Fund,
1990.
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Colección: | IMF Working Papers; Working Paper ;
No. 1990/047 |
Acceso en línea: | Full text available on IMF |