Search Results

You are looking at 1 - 10 of 39 items :

  • Keyword: Monetary Policy x
  • Business and Economy x
  • Sub-Saharan Africa x
  • Gambia, The x
Clear All Modify Search
Monetary Policy Implementation at Different Stages of Market Development

Monetary Policy Implementation at Different Stages of Market Development »

Series: Occasional Papers

Author(s): Bernard Laurens

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 December 2005

DOI: http://dx.doi.org/10.5089/9781589064386.084

ISBN: 9781589064386

Keywords: Money markets, money market, monetary policy, central bank, reserve requirements, money market operations

The most salient trend in monetary policy over the past two decades has been increasing reliance on money market operations, which reflects the belief that allowing market forces to allocate financial resources bri...

Should African Monetary Unions Be Expanded? An Empirical Investigation of the Scope for Monetary Integration in Sub-Saharan Africa

Should African Monetary Unions Be Expanded? An Empirical Investigation of the Scope for Monetary Integration in Sub-Saharan Africa »

Source: Should African Monetary Unions Be Expanded? An Empirical Investigation of the Scope for Monetary Integration in Sub-Saharan Africa

Volume/Issue: 2010/157

Series: IMF Working Papers

Author(s): Xavier Debrun , Catherine Pattillo , and Paul Masson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2010

ISBN: 9781455201402

Keywords: Monetary integration, monetary union, monetary unions, inflation, monetary policy, International Monetary Arrangements and Institutions,

This paper develops a full-fledged cost-benefit analysis of monetary integration, and applies it to the currency unions actively pursued in Africa. The benefits of monetary union come from a more credible monetary...

Government Securities Versus Central Bank Securities in Developing Open Market Operations

Government Securities Versus Central Bank Securities in Developing Open Market Operations »

Source: Government Securities Versus Central Bank Securities in Developing Open Market Operations : Evaluation and Need for Coordinating Arrangements

Volume/Issue: 1994/62

Series: IMF Working Papers

Author(s): Marc Quintyn

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 1994

ISBN: 9781451848229

Keywords: central bank, monetary policy, government securities, debt management, monetary management

In an indirect monetary policy framework, open market operations become the central bank’s main instrument. In the initial stages, when financial markets are still undeveloped, selection of a financial instr...

The Gambia: Selected Issues

The Gambia: Selected Issues »

Source: The Gambia : Selected Issues

Volume/Issue: 1999/71

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 August 1999

ISBN: 9781451815399

Keywords: foreign exchange, inflation, monetary policy, external debt, debt service, Gambia,

This Selected Issues paper examines economic developments in The Gambia during 1994-98. Although real output growth slowed significantly in the early 1990s and turned negative in 1994/95, both 1997 and 1998 were ch...

The Gambia: Selected Issues

The Gambia: Selected Issues »

Source: The Gambia : Selected Issues

Volume/Issue: 1999/71

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 August 1999

ISBN: 9781451815399

Keywords: foreign exchange, inflation, monetary policy, external debt, debt service, Gambia,

This Selected Issues paper examines economic developments in The Gambia during 1994-98. Although real output growth slowed significantly in the early 1990s and turned negative in 1994/95, both 1997 and 1998 were ch...

The Gambia: Selected Issues

The Gambia: Selected Issues »

Source: The Gambia : Selected Issues

Volume/Issue: 1999/71

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 August 1999

ISBN: 9781451815399

Keywords: foreign exchange, inflation, monetary policy, external debt, debt service, Gambia,

This Selected Issues paper examines economic developments in The Gambia during 1994-98. Although real output growth slowed significantly in the early 1990s and turned negative in 1994/95, both 1997 and 1998 were ch...

The Gambia: Selected Issues

The Gambia: Selected Issues »

Source: The Gambia : Selected Issues

Volume/Issue: 1999/71

Series: IMF Staff Country Reports

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 August 1999

ISBN: 9781451815399

Keywords: foreign exchange, inflation, monetary policy, external debt, debt service, Gambia,

This Selected Issues paper examines economic developments in The Gambia during 1994-98. Although real output growth slowed significantly in the early 1990s and turned negative in 1994/95, both 1997 and 1998 were ch...

Monetary Union in West Africa

Monetary Union in West Africa »

Source: Monetary Union in West Africa : Who Might Gain, Who Might Lose, and Why?

Volume/Issue: 2002/226

Series: IMF Working Papers

Author(s): Paul Masson , Xavier Debrun , and Catherine Pattillo

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2002

ISBN: 9781451875393

Keywords: Monetary union, fiscal distortions, inflation, monetary policy, terms of trade, International Monetary Arrangements and Institutions,

We develop a multicountry model in which governments aim at excessive spending in order to serve the narrow interests of the group in power. This puts pressure on the monetary authorities to extract seigniorage, an...

Monetary Union in West Africa

Monetary Union in West Africa »

Source: Monetary Union in West Africa : An Agency of Restraint for Fiscal Policies?

Volume/Issue: 2001/34

Series: IMF Working Papers

Author(s): Catherine Pattillo , and Paul Masson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 March 2001

ISBN: 9781451845266

Keywords: monetary union, fiscal discipline, ECOWAS, CFA franc zone, central bank, inflation, fiscal policies,

Could a West African monetary union (either of the non-CFA countries, or all ECOWAS members) be an effective "agency of restraint" on fiscal policies? We discuss how monetary union could affect fiscal discipline an...

Social Sector Spending in a Panel of Countries

Social Sector Spending in a Panel of Countries »

Source: Social Sector Spending in a Panel of Countries

Volume/Issue: 2002/35

Series: IMF Working Papers

Author(s): Reza Baqir

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2002

ISBN: 9781451845365

Keywords: social sectors, democracy, social sector, freedom house, government expenditure, Models of Political Processes: Rent-seeking, Elections, Legislatures, and Voting Behavior, Publicly Provided Goods: General

This paper presents evidence on the political and economic determinants of social sector spending from a panel dataset. The principal finding is that democratization in countries, as measured by within-country vari...