Volume/Issue: 2016/176
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund. Asia and Pacific Dept
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
30
June
2016
DOI: http://dx.doi.org/10.5089/9781498308748.002
ISBN: 9781498308748
This paper examines the evolution of monetary policy frameworks of the Association of Southeast Asian Nations (ASEAN)-5 economies, with particular focus on changes since the Asian financial crisis and the more rece...
Volume/Issue: 2006/228
Series: IMF Working Papers
Author(s):
Jean-François Segalotto
,
Marco Arnone
, and
Bernard Laurens
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
October
2006
DOI: http://dx.doi.org/10.5089/9781451864885.001
ISBN: 9781451864885
This paper presents an update of the Grilli-Masciandaro-Tabellini (GMT) index of central bank (CB) autonomy, based on CB legislation as of end-2003. The index is applied to a set of OECD and developing countries, a...
Volume/Issue: 2004/226
Series: IMF Working Papers
Author(s):
JoAnne Morris
, and
Tonny Lybek
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
December
2004
DOI: http://dx.doi.org/10.5089/9781451875416.001
ISBN: 9781451875416
This paper identifies issues to consider when designing the structure, size, and composition of the governing boards and management of a central bank. While central bank autonomy and accountability are generally ac...
Volume/Issue: 1999/92
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
14
September
1999
DOI: http://dx.doi.org/10.5089/9781451831221.002
ISBN: 9781451831221
This Selected Issues paper analyzes the factors behind the relatively strong performance of the Philippines in recent years (1990s) as well as the remaining reform agenda. The paper highlights that the Philippines...
Volume/Issue: 1998/50
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
22
June
1998
DOI: http://dx.doi.org/10.5089/9781451831269.002
ISBN: 9781451831269
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discuss...
Series: Economic Issues
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
02
January
1997
DOI: http://dx.doi.org/10.5089/9781557756275.051
ISBN: 9781557756275
Open market operations are the major instruments of monetary control in industrial countries and are becoming important in developing countriesand countries in transition. This paper shows how open market operation...
Volume/Issue: 1995/113
Series: IMF Staff Country Reports
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
December
1995
DOI: http://dx.doi.org/10.5089/9781451831191.002
ISBN: 9781451831191
This paper reviews economic developments in the Philippines during 1990-95. By 1994, all the elements for a strong recovery had finally fallen into place. Gross National Product (GNP) growth accelerated to 5 percen...
Volume/Issue: 1995/146
Series: IMF Working Papers
Author(s):
S. Axilrod
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
December
1995
DOI: http://dx.doi.org/10.5089/9781451856590.001
ISBN: 9781451856590
As developing countries and economies in transition have relied on deregulated, competitive markets to spur growth, their central banks have shifted toward using open market operations as a tool of monetary policy....
Volume/Issue: 1994/62
Series: IMF Working Papers
Author(s):
Marc Quintyn
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
01
May
1994
DOI: http://dx.doi.org/10.5089/9781451848229.001
ISBN: 9781451848229
In an indirect monetary policy framework, open market operations become the central bank’s main instrument. In the initial stages, when financial markets are still undeveloped, selection of a financial instr...
Volume/Issue: 1989/48
Series: IMF Working Papers
Author(s):
International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
Publication Date:
02
June
1989
DOI: http://dx.doi.org/10.5089/9781451972160.001
ISBN: 9781451972160
Many countries have initiated reforms in their monetary control procedures by relaxing direct controls and increasing the role of market processes. The changed approach is often inevitable when countries reform the...