Market-Based Systems of Monetary Control in Developing Countries : Operating Procedures and Related Issues »
Series: IMF Working Papers
Author(s): Chorng-Huey Wong
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 April 1991
Keywords: central bank, financial reform, monetary policy, monetary control
This paper reviews issues in the development of a market-based system of monetary control in developing countries. It focuses on the appropriate sequencing of financial reform that would facilitate the transition t...