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20 Sequencing Financial Reform »
Source: The Evolving Role of Central Banks
Series: Books
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 June 1991
ISBN: 9781557751850
Keywords: central bank, banking, monetary policy, national bank, inflation
The idea of sequencing is that certain measures are better taken before others in achieving policy goals and minimizing the various risks and uncertainties associate...

21 The Transition from Direct to Indirect Instruments of Monetary Policy »
Source: The Evolving Role of Central Banks
Series: Books
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 June 1991
ISBN: 9781557751850
Keywords: central bank, banking, monetary policy, national bank, inflation
The transition from direct to indirect control of monetary policy is a part of the general move toward increased reliance on market forces, economic liberalization,...

22 Jamaica’s Transition from Direct to Indirect Instruments of Monetary Policy »
Source: The Evolving Role of Central Banks
Series: Books
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 June 1991
ISBN: 9781557751850
Keywords: central bank, banking, monetary policy, national bank, inflation
The transition from direct to indirect instruments of monetary policy in Jamaica commenced in 1985 and was a major policy initiative by the Government. It formed an...

23 Kenya’s Transition from Direct to Indirect Instruments of Monetary Policy »
Source: The Evolving Role of Central Banks
Series: Books
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 June 1991
ISBN: 9781557751850
Keywords: central bank, banking, monetary policy, national bank, inflation
Kenya has been engaged in far-reaching financial sector reforms aimed at improving monetary control and at improving the efficiency of financial intermediation. Excl...

24 Effectiveness and Implications of Limits on Central Bank Credit to the Government »
Source: The Evolving Role of Central Banks
Series: Books
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 June 1991
ISBN: 9781557751850
Keywords: central bank, banking, monetary policy, national bank, inflation
The main purpose of this paper is to explore the role and consequences of limiting central bank lending to the government. In the first section, the legal provisions that were in fo...

25 Central Bank Independence and Central Bank Functions »
Source: The Evolving Role of Central Banks
Series: Books
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 June 1991
ISBN: 9781557751850
Keywords: central bank, banking, monetary policy, national bank, inflation
During the 1970s and 1980s, important changes were made in the way a number of countries operated and presented monetary policy. A major reason for such changes appe...

Part I Role and Functions of Central Banks »
Source: The Evolving Role of Central Banks
Series: Books
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 June 1991
ISBN: 9781557751850
Keywords: central bank, banking, monetary policy, national bank, inflation
...

Part II Central Bank Independence »
Source: The Evolving Role of Central Banks
Series: Books
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 June 1991
ISBN: 9781557751850
Keywords: central bank, banking, monetary policy, national bank, inflation
...

Part III Role of the Central Bank in Financial Crises »
Source: The Evolving Role of Central Banks
Series: Books
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 June 1991
ISBN: 9781557751850
Keywords: central bank, banking, monetary policy, national bank, inflation
...

Part IV Role of the Central Bank in Economic Transition and Reform »
Source: The Evolving Role of Central Banks
Series: Books
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 15 June 1991
ISBN: 9781557751850
Keywords: central bank, banking, monetary policy, national bank, inflation
...