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The Adoption of Indirect Instruments of Monetary Policy »
Series: Occasional Papers
Author(s): Tomás Baliño , Charles Enoch , and William Alexander
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 06 July 1995
DOI: http://dx.doi.org/10.5089/9781557754899.084
ISBN: 9781557754899
Keywords: central bank, monetary policy, banking, monetary control, banking system
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 po...

Appendix I Capital Mobility and Monetary Policy »
Source: Thailand : Adjusting to Success: Current Policy Issues
Series: Occasional Papers
Author(s): David Robinson , Ranjit Teja , Yangho Byeon , and Wanda Tseng
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 September 1991
ISBN: 9781557752215
Keywords: bank of thailand, foreign direct investment, direct investment, expenditure, financial institutions
During both 1989 and 1990, the growth of the monetary aggregates in Thailand was driven almost entirely by a rapid increase in private capital inflows, which the Bank of Thailand ha...

Appendix I. Capital Mobility: The Empirical Evidence »
Source: Recent Experiences with Surges in Capital Inflows
Series: Occasional Papers
Author(s): Robert Kahn , Adam Bennett , María Carkovic S. , and Susan Schadler
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 September 1993
ISBN: 9781557753502
Keywords: capital inflows, exchange rate, foreign exchange, capital outflows, current account
The scope for an independent monetary policy or sterilized intervention depends on the degree of capital mobility, that is, the responsiveness of capital flows to changes in relativ...

APPENDIX I Incidence Analyses and Income Redistribution »
Source: Fund-Supported Programs, Fiscal Policy, and Income Distribution
Series: Occasional Papers
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 September 1986
ISBN: 9780939934645
Keywords: taxation, expenditure, salaries, subsidies, income distribution
Most studies of the income distributional effects of public policy fall within the category of “incidence analyses” of taxation and expenditure. They either analyze the effects of particular measures or, if...

Appendix I Real Exchange Rate Movements and External Competitiveness »
Source: The Lao People's Democratic Republic : Systemic Transformation and Adjustment
Series: Occasional Papers
Author(s): Ichiro Otani , and Chi Pham
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 28 May 1996
ISBN: 9781557755605
Keywords: banking, exchange rate, foreign exchange, privatization, foreign investment
Movements in the real exchange rate are summarized in Charts 6 and 7, which show the path of the real effective exchange rate (that is, the trade-weighted exchange rate adjusted for...

Appendix II Foreign Direct Investment »
Source: The Lao People's Democratic Republic : Systemic Transformation and Adjustment
Series: Occasional Papers
Author(s): Ichiro Otani , and Chi Pham
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 28 May 1996
ISBN: 9781557755605
Keywords: banking, exchange rate, foreign exchange, privatization, foreign investment
The reform strategy implemented in the Lao P.D.R. since 1985 has recognized the importance of external resources—both official and private—in accelerating economic transformation an...

APPENDIX II Some Empirical Evidence on Price and Subsidy Policy »
Source: Fund-Supported Programs, Fiscal Policy, and Income Distribution
Series: Occasional Papers
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 September 1986
ISBN: 9780939934645
Keywords: taxation, expenditure, salaries, subsidies, income distribution
Empirical information concerning the direct effect of price and subsidy policy on income distribution is scarce and of questionable quality. In addition, existing studies do not cover a sufficient range of c...

Appendix II Statistical Appendix »
Source: Thailand : Adjusting to Success: Current Policy Issues
Series: Occasional Papers
Author(s): David Robinson , Ranjit Teja , Yangho Byeon , and Wanda Tseng
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 September 1991
ISBN: 9781557752215
Keywords: bank of thailand, foreign direct investment, direct investment, expenditure, financial institutions
Table 20. Domestic Expenditure and Product (In billions of baht)...

Appendix II Statistical Tables »
Source: Recent Experiences with Surges in Capital Inflows
Series: Occasional Papers
Author(s): Robert Kahn , Adam Bennett , María Carkovic S. , and Susan Schadler
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 September 1993
ISBN: 9781557753502
Keywords: capital inflows, exchange rate, foreign exchange, capital outflows, current account
Table A1. Capital Accounts Flows 1 (In millions of dollars,...

APPENDIX III A Review of Policies in Fund Programs, 1980–84 »
Source: Fund-Supported Programs, Fiscal Policy, and Income Distribution
Series: Occasional Papers
Author(s): International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 September 1986
ISBN: 9780939934645
Keywords: taxation, expenditure, salaries, subsidies, income distribution
Selection of the Sample The Fund approved 117 stand-by programs and 23 extended facilities from January 1980 to December 1984, for 68 countries. Twenty-two countries had programs in...