The Adoption of Indirect Instruments of Monetary Policy

• Author(s): Mr.William E. Alexander, Mr.Charles Enoch, Mr.Tomás J. T. Baliño,
• Publisher: International Monetary Fund
• Pages: 75
• ISBN_10: 1557754896
  ISBN_13: 9781557754899
  
• Language: en
• Categories: Business & Economics / Banks & Banking , Business & Economics / Money & Monetary Policy , Business & Economics / Investments & Securities / General ,

Description:... This paper examines the experience of implementing indirect instruments of monetary policy. The experiences of country studies illustrate the variety of circumstances under which indirect instruments of monetary policy have been introduced. Case Studies are presented for Chile, Egypt, Ghana, Indonesia, Mexico, New Zealand, and Poland.