Do Interest Rate Controls Work? : Evidence from Kenya /

This paper reviews the impact of interest rate controls in Kenya, introduced in September 2016. The intent of the controls was to reduce the cost of borrowing, expand access to credit, and increase the return on savings. However, we find that the law on interest rate controls has had the opposite ef...

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書目詳細資料
主要作者: Alper, Emre
其他作者: Clements, Benedict, Hobdari, Niko, Porcel, Rafel Moya
格式: 雜誌
語言:English
出版: Washington, D.C. : International Monetary Fund, 2019.
叢編:IMF Working Papers; Working Paper ; No. 2019/119
在線閱讀:Full text available on IMF