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Monetary policy implementation at different stages of market development / by a staff team led by Bernard J. Laurens.

Contributor(s): Material type: TextTextSeries: Occasional paper (International Monetary Fund) ; 244Publication details: Washington, DC : International Monetary Fund, 2005.Description: vi, 99 p. ; 28 cmISBN:
  • 1589064380
Subject(s): DDC classification:
  • 339.5/3091724 22
LOC classification:
  • HG1496 .M6325 2005
Online resources:
Contents:
Glossary of monetary instruments -- Pt. 1. A framework for sequencing reforms. Overview -- The growing reliance on money market operations for monetary policy -- Lessons from country experience -- Implications for policy design and coordination -- Agenda for action to enhance monetary policy effectiveness -- Sequencing reforms -- Implications for fund operations -- Pt. 2. Selected country experiences with money market operations. Case studies: Democratic Republic of the Congo ; Easter Caribbean Currency Union ; Egypt ; The Gambia ; Kyrgyz Republic ; Malta ; Tonga ; Tunisia ; Uganda ; Ukraine ; Vanuatu ; Zambia -- Appendixes. Channels of transmission of monetary policy -- Eligible assets: European Central Bank and Banque de France -- Enhancing liquidity management and forecasting -- Cross-country experiences with a liquidity surplus -- Selected cross ccountry experiences with interbank market development.
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Includes bibliographical references (p. 96-97).

Glossary of monetary instruments -- Pt. 1. A framework for sequencing reforms. Overview -- The growing reliance on money market operations for monetary policy -- Lessons from country experience -- Implications for policy design and coordination -- Agenda for action to enhance monetary policy effectiveness -- Sequencing reforms -- Implications for fund operations -- Pt. 2. Selected country experiences with money market operations. Case studies: Democratic Republic of the Congo ; Easter Caribbean Currency Union ; Egypt ; The Gambia ; Kyrgyz Republic ; Malta ; Tonga ; Tunisia ; Uganda ; Ukraine ; Vanuatu ; Zambia -- Appendixes. Channels of transmission of monetary policy -- Eligible assets: European Central Bank and Banque de France -- Enhancing liquidity management and forecasting -- Cross-country experiences with a liquidity surplus -- Selected cross ccountry experiences with interbank market development.

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