Cover The Adoption of Indirect Instruments of Monetary Policy
The Adoption of Indirect Instruments of Monetary Policy
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Abstract

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.

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Author: Mr. Tomás J. T. Baliño1, Mr. Charles Enoch, and Mr. William E. Alexander
  • 1 0000000404811396https://isni.org/isni/0000000404811396International Monetary Fund
Series:
Occasional Papers
Publisher:
International Monetary Fund
Language:
English
Publication Date:
06 Jul 1995
DOI:
https://doi.org/10.5089/9781557754899.084
ISBN:
9781557754899
ISSN:
0251-6365
Pages:
75
Keywords:
OP; overview; market; issue; part; country sample; restructuring of the banking system; encouragement of bank competition; insulation of monetary policy; part II; government securities market; Open market operations; Commercial banks; Credit; Monetary policy instruments; Treasury bills and bonds; Europe; Western Europe; North America; Central and Eastern Europe; Middle East; monetary management; Caribbean
Legal-disclaimer:
The views expressed in this book are those of the authors and should not be reported as or attributed to the International Monetary Fund, its Executive Board, or the governments of any of its member countries.