Limiting Central Bank Credit to the Government : Theory and Practice /

This paper examines central bank independence with reference to the constraints on central bank credit to the government, focusing on how such credit should be regulated. It discusses why credit should be contsrained, and in which forms, and how to implement those constraints.

Bibliographic Details
Main Author: Cottarelli, Carlo
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1993.
Series:Occasional Papers; Occasional Paper ; No. 1993/008
Online Access:Full text available on IMF