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Appendix Country Data

Appendix Country Data »

Source: Credibility Without Rules

Series: Occasional Papers

Author(s): Carlo Cottarelli , and Curzio Giannini

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 December 1997

ISBN: 9781557756442

Keywords: exchange rate, exchange rate regime, inflation, central bank, monetary policy

Information from Tables Information was collected for 100 countries (of which 22 were industrial countries according to the classification published in the IMF’s International Financ...

Credibility Without Rules

Credibility Without Rules »

Series: Occasional Papers

Author(s): Carlo Cottarelli , and Curzio Giannini

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 December 1997

DOI: http://dx.doi.org/10.5089/9781557756442.084

ISBN: 9781557756442

Keywords: exchange rate, exchange rate regime, inflation, central bank, monetary policy

During the last 25 years, monetary practice in most countries has increasingly been characterized by the attempt to achieve credibility of purpose while expanding the freedom of monetary authorities in controlling...

Front Matter

Front Matter »

Source: Credibility Without Rules

Series: Occasional Papers

Author(s): Carlo Cottarelli , and Curzio Giannini

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 December 1997

ISBN: 9781557756442

Keywords: exchange rate, exchange rate regime, inflation, central bank, monetary policy

During the last 25 years, monetary practice in most countries has increasingly been characterized by the attempt to achieve credibility of purpose while expanding the freedom of monetary authorities in controlling...

Democratic Republic of the Congo

Democratic Republic of the Congo »

Source: Democratic Republic of the Congo : Selected Issues and Statistical Appendix

Volume/Issue: 2005/373

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 October 2005

ISBN: 9781451808384

Keywords: monetary base, central bank, monetary policy, foreign exchange

This Selected Issues paper analyzes recent developments in the financial system of the Democratic Republic of the Congo (DRC). It describes the monetary developments in 2003-05 and reform of the financial system. T...

I. Introduction

I. Introduction »

Source: Credibility Without Rules

Series: Occasional Papers

Author(s): Carlo Cottarelli , and Curzio Giannini

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 December 1997

ISBN: 9781557756442

Keywords: exchange rate, exchange rate regime, inflation, central bank, monetary policy

Grau, teurer Freund, ist alle Theorie, Und grun des Lebens goldner Baum. (Grey, dear Friend, is all theory, and green is life’s golden tree.)...

II. Degenerating Fiat Standard and Credibility

II. Degenerating Fiat Standard and Credibility »

Source: Credibility Without Rules

Series: Occasional Papers

Author(s): Carlo Cottarelli , and Curzio Giannini

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 December 1997

ISBN: 9781557756442

Keywords: exchange rate, exchange rate regime, inflation, central bank, monetary policy

Institutions do not evolve in a piecemeal fashion for a number of reasons. First of all, adapting an institutional framework involves collective action at several levels (North (1990)). Second, and perhaps m...

III. The Post-Bretton Woods Era

III. The Post-Bretton Woods Era »

Source: Credibility Without Rules

Series: Occasional Papers

Author(s): Carlo Cottarelli , and Curzio Giannini

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 December 1997

ISBN: 9781557756442

Keywords: exchange rate, exchange rate regime, inflation, central bank, monetary policy

Against the background of the preceding discussion, we now move to reviewing the actual evolution of monetary frameworks during 1970–94. Country Sample Information was gathe...

Democratic Republic of the Congo
			: Selected Issues and Statistical Appendix

Democratic Republic of the Congo : Selected Issues and Statistical Appendix »

Volume/Issue: 2005/373

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 October 2005

DOI: http://dx.doi.org/10.5089/9781451808384.002

ISBN: 9781451808384

Keywords: monetary base, central bank, monetary policy, foreign exchange

This Selected Issues paper analyzes recent developments in the financial system of the Democratic Republic of the Congo (DRC). It describes the monetary developments in 2003-05 and reform of the financial system. T...

Lessons From High Inflation Epidsodes for Stabilizing the Economy in Zimbabwe

Lessons From High Inflation Epidsodes for Stabilizing the Economy in Zimbabwe »

Volume/Issue: 2007/99

Series: IMF Working Papers

Author(s): Jens Clausen , Sharmini Coorey , Bakar Ould-Abdallah , Sònia Muñoz , and Norbert Funke

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2007

DOI: http://dx.doi.org/10.5089/9781451866636.001

ISBN: 9781451866636

Keywords: High Inflation, Macroeconomic Stabilization, International Experience, monetary fund, central bank, high inflation episodes, Studies of Particular Policy Episodes,

Zimbabwe has currently the highest rate of inflation in the world (an annual rate of 1,730 percent in February, 2007). The high rates of inflation have contributed to the contraction of the economy, which has decli...

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

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

Volume/Issue: 2013/226

Series: IMF Working Papers

Author(s): Felix Fischer , Charlotte Lundgren , and Samir Jahjah

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 05 November 2013

DOI: http://dx.doi.org/10.5089/9781475516371.001

ISBN: 9781475516371

Keywords: exchange rate regime, dedollarization, financial deepening., central bank, monetary fund, reserve requirements, Monetary Policy (Targets, Instruments, and Effects), Macroeconomic Analyses of Economic Development

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 confirm...