The design and effects of monetary policy in sub-saharan African countries by Mohsin S. Khan

By:

Khan, Mohsin S [author]

Material type: Text

TextSeries: ; Volume 20, number 2Oxford : Oxford University Press, 2011Content type:

text

Media type:

unmediated

Carrier type:

volume

Subject(s):

Monetary policy -- Africa

LOC classification:

HC800 JOU

Online resources:

Click here to access online

Summary: Since the 1990s there have been a number of major changes in the design and conduct of monetary policy. In a globalised environment, there is greater need to achieve closer convergence of economic performance among trading partners. As a result, a number of developing countries have adopted exchange rate regimes with more flexibility, and thereby greater scope for monetary policy. Notable examples include a number of Sub-Saharan African countries moving from fixed exchange-rate regimes to more flexible regimes and the adoption of formal or informal inflation targeting regimes by some of these countries. These changes have triggered considerable debate on how monetary policy should be conducted and the effects it has on the real economy.

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Holdings
Item type	Current library	Call number	Vol info	Copy number	Status	Notes	Date due	Barcode
Journal Article	Main Library - Special Collections	HC800 JOU (Browse shelf(Opens below))	vol. 20, no. 2 (pages 16-35)	SP9259	Not for loan	For In house Use

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Previous	HC800 JOU Infrastructure and economic development in Africa: a review	HC800 JOU Financial services and economic development in Africa	HC800 JOU Plenary session on financial services and economic development in Africa: Uganda's experience with financial sector reform and lessons for Africa	HC800 JOU The design and effects of monetary policy in sub-saharan African countries	HC800 JOU Central banking in sub-saharan Africa: Introduction and overview	HC800 JOU Towards a rule-based approach to monetary policy evaluation in Sub-Saharan Africa	HC800 JOU Is there a case for formal inflation targeting in Sub-Saharan Africa?	Next

Since the 1990s there have been a number of major changes in the design and conduct of monetary policy. In a globalised environment, there is greater need to achieve closer convergence of economic performance among trading partners. As a result, a number of developing countries have adopted exchange rate regimes with more flexibility, and thereby greater scope for monetary policy. Notable examples include a number of Sub-Saharan African countries moving from fixed exchange-rate regimes to more flexible regimes and the adoption of formal or informal inflation targeting regimes by some of these countries. These changes have triggered considerable debate on how monetary policy should be conducted and the effects it has on the real economy.

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