Monetary policy in developing countries

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Bibliographic Information

Monetary policy in developing countries

edited by Sheila Page

Routledge , ODI, 1993

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Based on studies done by the Overseas Development Institute (ODI), presented along with parallel studies at a joint conference with Harvard Institute for International Development held in September 1991 at ODI

Includes bibliographical references (p. 339-357) and index

Description and Table of Contents

Description

Developing countries now use monetary policy as part of their adjustment programmes but its targets, the tools, and the theory were developed for advanced countries. Low income countries do not have the sophisticated financial sectors that rich ones can assume, and the shocks and size of adjustment which they face may be much greater. Using six country studies, with special analysis of the roles of the external sector and the informal financial sector, this book analyses the interaction among monetary policy, the financial sector, and development.

Table of Contents

Contributors: Sheila Page, Tony Addison, Lionel Demery, Tony Sowa, Christopher E. Lane, David C. Cole, Betty F. Slade, Ashok Parikh, Anita Santorum, J.J. Thomas, John Healy

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