Making Monetary Policy More Effective : The Case of the Democratic Republic of the Congo /

The paper looks at the challenges of conducting monetary policy in a context of high dollarization of the banking system and weak institutions in the Democratic Republic of the Congo. The empirical analysis confirms the limited effectiveness of the Central Bank of Congo in controlling inflation, des...

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Bibliographic Details
Main Author: Fischer, Felix
Other Authors: Jahjah, Samir, Lundgren, Charlotte
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2013.
Series:IMF Working Papers; Working Paper ; No. 2013/226
Online Access:Full text available on IMF