Monetary Policy Implementation at Different Stages of Market Development /

The most salient trend in monetary policy over the past two decades has been increasing reliance on money market operations, which reflects the belief that allowing market forces to allocate financial resources brings about increased economic efficiency and growth. However, small economies and count...

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Bibliographic Details
Main Author: Laurens, Bernard
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2005.
Series:Occasional Papers; Occasional Paper ; No. 2005/009
Online Access:Full text available on IMF