Roger Nord, Yuri Sobolev, David G. Dunn, Alejandro Hajdenberg, Niko Hobdari, Samar Maziad, and Stéphane Roudet
INTERNATIONAL MONETARY FUND
This volume documents Tanzania's remarkable turnaround from severe economic distress in 1985, and reviews the economic policies that twenty years later contributed to a successful reversal. Tanzania still faces many policy and reform challenges, despite the many recent economic achievements the country has experienced.
This chapter reviews reforms in the financial sector that were essential to creating an environment for effective monetary policy and economic stability and examines the challenges for monetary policy stemming from high inflows of aid and private foreign capital.
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