The adoption of indirect instruments of monetary policy: part 1. issues and overview ; part 2. case studies
Saved in:
| Format: | Book |
|---|---|
| Language: | English |
| Published: |
Washington, DC
Internat. Monetary Fund
1995
|
| Series: | International Monetary Fund: Occasional paper
126 |
| Subjects: | |
| Online Access: | Inhaltsverzeichnis |
| Physical Description: | VII, 67 S. graph. Darst. |
| ISBN: | 1557754896 |
Staff View
MARC
| LEADER | 00000nam a2200000 cb4500 | ||
|---|---|---|---|
| 001 | BV010383318 | ||
| 003 | DE-604 | ||
| 005 | 00000000000000.0 | ||
| 007 | t | ||
| 008 | 950914s1995 d||| |||| 00||| eng d | ||
| 020 | |a 1557754896 |9 1-55775-489-6 | ||
| 035 | |a (OCoLC)180514437 | ||
| 035 | |a (DE-599)BVBBV010383318 | ||
| 040 | |a DE-604 |b ger |e rakddb | ||
| 041 | 0 | |a eng | |
| 049 | |a DE-739 |a DE-473 |a DE-20 |a DE-703 |a DE-N2 |a DE-188 | ||
| 084 | |a QK 900 |0 (DE-625)141685: |2 rvk | ||
| 084 | |a QM 333 |0 (DE-625)141780: |2 rvk | ||
| 245 | 1 | 0 | |a The adoption of indirect instruments of monetary policy |b part 1. issues and overview ; part 2. case studies |c by a staff team headed by William E. Alexander ... and comprising Francesco Caramazza ... |
| 264 | 1 | |a Washington, DC |b Internat. Monetary Fund |c 1995 | |
| 300 | |a VII, 67 S. |b graph. Darst. | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b n |2 rdamedia | ||
| 338 | |b nc |2 rdacarrier | ||
| 490 | 1 | |a International Monetary Fund: Occasional paper |v 126 | |
| 650 | 0 | 7 | |a Geldpolitik |0 (DE-588)4019902-2 |2 gnd |9 rswk-swf |
| 651 | 7 | |a Entwicklungsländer |0 (DE-588)4014954-7 |2 gnd |9 rswk-swf | |
| 689 | 0 | 0 | |a Entwicklungsländer |0 (DE-588)4014954-7 |D g |
| 689 | 0 | 1 | |a Geldpolitik |0 (DE-588)4019902-2 |D s |
| 689 | 0 | |5 DE-604 | |
| 700 | 1 | |a Alexander, William E. |e Sonstige |4 oth | |
| 700 | 1 | |a Caramazza, Francesco |e Sonstige |4 oth | |
| 830 | 0 | |a International Monetary Fund: Occasional paper |v 126 |w (DE-604)BV002597241 |9 126 | |
| 856 | 4 | 2 | |m HBZ Datenaustausch |q application/pdf |u http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=006913007&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |3 Inhaltsverzeichnis |
| 999 | |a oai:aleph.bib-bvb.de:BVB01-006913007 | ||
Record in the Search Index
| _version_ | 1804124808017870848 |
|---|---|
| adam_text | Contents
Page
Preface vjj
Part I Issues and Overview
I Introduction I
II Direct and Indirect Monetary Instruments 2
Modes of Operation 2
Specific Instruments: Advantages, Disadvantages,
and Operational Issues 2
III Issues in the Reform of Monetary Instruments 7
Roles of Different Indirect Monetary Instruments 7
Case for Adopting Indirect Instruments 9
High Cost of Utilizing Direct Instruments 9
Advantages of Indirect Instruments 14
Inherent Complexities in the Use of Indirect Instruments 15
Criteria for Determining the Instrument Mix 15
IV Transition to Indirect Instruments: Selected
Experiences 17
Experience of Industrial Countries 17
Context of the Transition 17
Brief Overview 17
Problems with Transition 18
Experience of Selected Developing and Transition Economies 19
Analytical Focus 19
Institutional and Macroeconomic Factors at
the Outset of the Reform 19
Implementation Experience 20
Use of Monetary Policy Instruments 22
Financial Sector Efficiency and Monetary Control 23
V Implications for the Adoption of Indirect Instruments 27
Concomitant Reforms 28
Insulate Monetary Policy from Deficit Financing 28
Strengthen and Integrate Money Markets 29
Restructure the Banking System and Foster Competition 29
Adapt Supervisory and Regulatory Framework to Market Conditions 30
Bolster the Technical Capacity of the Central Bank 30
Pace of Transition 30
Sequencing 31
Initial Stage 31
Second Stage 32
Third Stage 32
VI Implications for Fund Operations 34
Program Design 34
Role of Technical Assistance 35
VII Conclusions 36
Part II Case Studies
I Introduction 41
II Chile 42
III Egypt 45
IV Ghana 47
V Indonesia 50
VI Mexico 54
VII New Zealand 57
VIII Poland 61
Tables
Section
II 1. Direct Instruments of Monetary Policy—Overview 3
2. Indirect Instruments of Monetary Policy—Overview 4
III 3. Instrument Mix and Operation for Selected Countries 10
IV 4. Initial Conditions in Selected Countries in Transition to the Use of
Indirect Instruments 20
5. Features of the Transition to the Use of Indirect Instruments in
Selected Developing Countries 20
6. Use of Monetary Instruments in Selected Countries
at the End of the Transition Period 22
7. Trends in Financial Variables Between Pre and
Posttransition Periods 24
8. Trends in Monetary Indicators 25
Chart
Section
V 1. Transition to Indirect Monetary Instruments 31
References 64
B
|
| any_adam_object | 1 |
| building | Verbundindex |
| bvnumber | BV010383318 |
| classification_rvk | QK 900 QM 333 |
| ctrlnum | (OCoLC)180514437 (DE-599)BVBBV010383318 |
| discipline | Wirtschaftswissenschaften |
| format | Book |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>01726nam a2200385 cb4500</leader><controlfield tag="001">BV010383318</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">00000000000000.0</controlfield><controlfield tag="007">t</controlfield><controlfield tag="008">950914s1995 d||| |||| 00||| eng d</controlfield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">1557754896</subfield><subfield code="9">1-55775-489-6</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)180514437</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV010383318</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">rakddb</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-739</subfield><subfield code="a">DE-473</subfield><subfield code="a">DE-20</subfield><subfield code="a">DE-703</subfield><subfield code="a">DE-N2</subfield><subfield code="a">DE-188</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">QK 900</subfield><subfield code="0">(DE-625)141685:</subfield><subfield code="2">rvk</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">QM 333</subfield><subfield code="0">(DE-625)141780:</subfield><subfield code="2">rvk</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">The adoption of indirect instruments of monetary policy</subfield><subfield code="b">part 1. issues and overview ; part 2. case studies</subfield><subfield code="c">by a staff team headed by William E. Alexander ... and comprising Francesco Caramazza ...</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Washington, DC</subfield><subfield code="b">Internat. Monetary Fund</subfield><subfield code="c">1995</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">VII, 67 S.</subfield><subfield code="b">graph. Darst.</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">n</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">nc</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="490" ind1="1" ind2=" "><subfield code="a">International Monetary Fund: Occasional paper</subfield><subfield code="v">126</subfield></datafield><datafield tag="650" ind1="0" ind2="7"><subfield code="a">Geldpolitik</subfield><subfield code="0">(DE-588)4019902-2</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="651" ind1=" " ind2="7"><subfield code="a">Entwicklungsländer</subfield><subfield code="0">(DE-588)4014954-7</subfield><subfield code="2">gnd</subfield><subfield code="9">rswk-swf</subfield></datafield><datafield tag="689" ind1="0" ind2="0"><subfield code="a">Entwicklungsländer</subfield><subfield code="0">(DE-588)4014954-7</subfield><subfield code="D">g</subfield></datafield><datafield tag="689" ind1="0" ind2="1"><subfield code="a">Geldpolitik</subfield><subfield code="0">(DE-588)4019902-2</subfield><subfield code="D">s</subfield></datafield><datafield tag="689" ind1="0" ind2=" "><subfield code="5">DE-604</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Alexander, William E.</subfield><subfield code="e">Sonstige</subfield><subfield code="4">oth</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Caramazza, Francesco</subfield><subfield code="e">Sonstige</subfield><subfield code="4">oth</subfield></datafield><datafield tag="830" ind1=" " ind2="0"><subfield code="a">International Monetary Fund: Occasional paper</subfield><subfield code="v">126</subfield><subfield code="w">(DE-604)BV002597241</subfield><subfield code="9">126</subfield></datafield><datafield tag="856" ind1="4" ind2="2"><subfield code="m">HBZ Datenaustausch</subfield><subfield code="q">application/pdf</subfield><subfield code="u">http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=006913007&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA</subfield><subfield code="3">Inhaltsverzeichnis</subfield></datafield><datafield tag="999" ind1=" " ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-006913007</subfield></datafield></record></collection> |
| geographic | Entwicklungsländer (DE-588)4014954-7 gnd |
| geographic_facet | Entwicklungsländer |
| id | DE-604.BV010383318 |
| illustrated | Illustrated |
| indexdate | 2024-07-09T17:51:32Z |
| institution | BVB |
| isbn | 1557754896 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-006913007 |
| oclc_num | 180514437 |
| open_access_boolean | |
| owner | DE-739 DE-473 DE-BY-UBG DE-20 DE-703 DE-N2 DE-188 |
| owner_facet | DE-739 DE-473 DE-BY-UBG DE-20 DE-703 DE-N2 DE-188 |
| physical | VII, 67 S. graph. Darst. |
| publishDate | 1995 |
| publishDateSearch | 1995 |
| publishDateSort | 1995 |
| publisher | Internat. Monetary Fund |
| record_format | marc |
| series | International Monetary Fund: Occasional paper |
| series2 | International Monetary Fund: Occasional paper |
| spelling | The adoption of indirect instruments of monetary policy part 1. issues and overview ; part 2. case studies by a staff team headed by William E. Alexander ... and comprising Francesco Caramazza ... Washington, DC Internat. Monetary Fund 1995 VII, 67 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier International Monetary Fund: Occasional paper 126 Geldpolitik (DE-588)4019902-2 gnd rswk-swf Entwicklungsländer (DE-588)4014954-7 gnd rswk-swf Entwicklungsländer (DE-588)4014954-7 g Geldpolitik (DE-588)4019902-2 s DE-604 Alexander, William E. Sonstige oth Caramazza, Francesco Sonstige oth International Monetary Fund: Occasional paper 126 (DE-604)BV002597241 126 HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=006913007&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | The adoption of indirect instruments of monetary policy part 1. issues and overview ; part 2. case studies International Monetary Fund: Occasional paper Geldpolitik (DE-588)4019902-2 gnd |
| subject_GND | (DE-588)4019902-2 (DE-588)4014954-7 |
| title | The adoption of indirect instruments of monetary policy part 1. issues and overview ; part 2. case studies |
| title_auth | The adoption of indirect instruments of monetary policy part 1. issues and overview ; part 2. case studies |
| title_exact_search | The adoption of indirect instruments of monetary policy part 1. issues and overview ; part 2. case studies |
| title_full | The adoption of indirect instruments of monetary policy part 1. issues and overview ; part 2. case studies by a staff team headed by William E. Alexander ... and comprising Francesco Caramazza ... |
| title_fullStr | The adoption of indirect instruments of monetary policy part 1. issues and overview ; part 2. case studies by a staff team headed by William E. Alexander ... and comprising Francesco Caramazza ... |
| title_full_unstemmed | The adoption of indirect instruments of monetary policy part 1. issues and overview ; part 2. case studies by a staff team headed by William E. Alexander ... and comprising Francesco Caramazza ... |
| title_short | The adoption of indirect instruments of monetary policy |
| title_sort | the adoption of indirect instruments of monetary policy part 1 issues and overview part 2 case studies |
| title_sub | part 1. issues and overview ; part 2. case studies |
| topic | Geldpolitik (DE-588)4019902-2 gnd |
| topic_facet | Geldpolitik Entwicklungsländer |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=006913007&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| volume_link | (DE-604)BV002597241 |
| work_keys_str_mv | AT alexanderwilliame theadoptionofindirectinstrumentsofmonetarypolicypart1issuesandoverviewpart2casestudies AT caramazzafrancesco theadoptionofindirectinstrumentsofmonetarypolicypart1issuesandoverviewpart2casestudies |