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The Adoption of Indirect Instruments of Monetary Policy

The Adoption of Indirect Instruments of Monetary Policy »

Series: Occasional Papers

Author(s): Tomás Baliño , Charles Enoch , and William Alexander

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 July 1995

DOI: http://dx.doi.org/10.5089/9781557754899.084

ISBN: 9781557754899

Keywords: central bank, monetary policy, banking, monetary control, banking system

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 po...

Central Bank Credit to the Government

Central Bank Credit to the Government »

Source: Central Bank Credit to the Government : What Can We Learn From International Practices?

Volume/Issue: 2012/16

Series: IMF Working Papers

Author(s): Marcela Matamoros-Indorf , Mrinalini Sharma , Simon Townsend , and Luis Jácome

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2012

ISBN: 9781463931216

Keywords: lending to the government, international practices, central bank, inflation, government securities,

Using a central bank legislation database, this paper documents and analyzes worldwide institutional arrangements for central bank lending to the government and identifies international practices. Key findings are:...

chapter 24 A Concluding Summary

chapter 24 A Concluding Summary »

Source: Membership and Nonmembership in the International Monetary Fund

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 October 1985

ISBN: 9781455215935

Keywords: gold, territories, international law, international organizations, central bank

This final chapter is a summary of the main features of the Fund’s law and practice on membership and nonmembership as discussed in the preceding chapters of this study. Membership...

chapter 9 A General View of Terms for Membership

chapter 9 A General View of Terms for Membership »

Source: Membership and Nonmembership in the International Monetary Fund

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 October 1985

ISBN: 9781455215935

Keywords: gold, territories, international law, international organizations, central bank

Scope of Terms and Conditions The main standard terms of membership resolutions, it has been seen, deal with quota; subscription, including determination of the gold subscription; da...

chapter 2 Admission of Other Members

chapter 2 Admission of Other Members »

Source: Membership and Nonmembership in the International Monetary Fund

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 October 1985

ISBN: 9781455215935

Keywords: gold, territories, international law, international organizations, central bank

Organs Exercising Power to Admit New Members The power to admit new members and determine the conditions of their admission is reserved to the Board of Governors and cannot be delega...

chapter 10 Article XX, Section 2 (g), and Dependencies

chapter 10 Article XX, Section 2 (g), and Dependencies »

Source: Membership and Nonmembership in the International Monetary Fund

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 October 1985

ISBN: 9781455215935

Keywords: gold, territories, international law, international organizations, central bank

Introduction The Articles have universal application in a certain sense because members undertake obligations to the Fund and to each other, assume certain obligations in relation to...

chapter 11 Categories of Dependency

chapter 11 Categories of Dependency »

Source: Membership and Nonmembership in the International Monetary Fund

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 October 1985

ISBN: 9781455215935

Keywords: gold, territories, international law, international organizations, central bank

Colonies The drafting of Article XX, Section 2 (g), was complicated by the variety of dependencies under the authority of some countries, the confusing use of terminology,...

chapter 12 Cessation of Responsibility for Dependencies

chapter 12 Cessation of Responsibility for Dependencies »

Source: Membership and Nonmembership in the International Monetary Fund

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 October 1985

ISBN: 9781455215935

Keywords: gold, territories, international law, international organizations, central bank

Cessation of Responsibility Under Article XX, Section 2 (g) The United Kingdom, France, the Netherlands, and Belgium have ceased to be responsible under Article XX, Section 2 (g), fo...

chapter 3 Criteria for Membership

chapter 3 Criteria for Membership »

Source: Membership and Nonmembership in the International Monetary Fund

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 October 1985

ISBN: 9781455215935

Keywords: gold, territories, international law, international organizations, central bank

Introduction The countries listed in Schedule A were entitled to become original members under Article II, Section 1, and therefore the Fund would not have been able to reject the ac...

chapter 4 Membership and Currency

chapter 4 Membership and Currency »

Source: Membership and Nonmembership in the International Monetary Fund

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 October 1985

ISBN: 9781455215935

Keywords: gold, territories, international law, international organizations, central bank

Currency as Criterion It is probable that the drafters of the Articles had in mind as the norm a member with a currency of its own that was subject, at least legally, to regulation b...