Monetary and Financial Policies in Developing Countries: Growth and Stabilization

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Anis Chowdhury, "Monetary and Financial Policies in Developing Countries: Growth and Stabilization"
Publisher: Routledge | 1996 | ISBN 0415108705 | PDF | 244 pages | 1.85 MB


The issue of economic development and monetary stability has produced one of the most passionate debates in economic literature. The authors bring together diverse views on the subject within a coherent framework, some of the aspects discussed include a balanced assessment of empirical findings and their theoretical foundations on the role of money and growth; a discussion of financial liberalization reform in developing countries; an analysis of monetary policy as an instrument of economic stabilization; an examination of the monetary supply and demand process in developing countries; and a study of the relationship between money, credit, the balance of payments, inflation and the exchange rate system.


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