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  • Keywords: money market x
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Transformation of Markets and Policy Instruments for Open Market Operations

Transformation of Markets and Policy Instruments for Open Market Operations »

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

Keywords: central bank, open market operations, monetary policy, government securities, money market

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....

Monetary Control Procedures and Financial Reform
			: Approaches, Issues, and Recent Experiences in Developing Countries

Monetary Control Procedures and Financial Reform : Approaches, Issues, and Recent Experiences in Developing Countries »

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

Keywords: central bank, monetary control, money market, monetary policy, monetary aggregates

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...