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dc.description.abstractWith the basic objective of stabilizing the nation's currency, and hence price stability, the conduct and formulation of monetary policy typically rests with the central bank. The monetary function is supported by auxiliary functions such as promotion of the development of the money market, performance of bank regulation and supervision, and safeguard of the payments and clearing system. Indeed, the stability and efficiency of the financial sector, particularly the banking system, has now become a major concern of central banks both in the industrial and emerging economies that resort to indirect monetary policy. The typical monetary instruments of choice in industrial economies have been open market operations with central bank bills or treasury bills. These operations are greatly facilitated by highly developed primary and secondary capital markets in these countries.en
dc.titleFinancial systems and the effectiveness of monetary policy in African countries : a policy perspectiveen
ags.descriptionNotesPrepared by the African Economic Research Consortium (AERC) for the UNECA conference of African Ministers of finance (25 March - 2nd April, 1997), Addis Ababa, Ethiopia.en
ags.descriptionNotesThis policy paper is derived from a more detailed technical paper with the same title.en
ags.descriptionNotesIncludes bibliographical references and annexes.en
ags.publisherPlaceAddis Ababa :en
ags.publisherNameUN. ECA,en
dc.coverage.spatialAFR
dc.coverage.spatialAfrica
dc.date.accessioned2011-03-23T09:48:17Z
dc.date.available2011-03-23T09:48:17Z
dc.date.issued1997-03
dc.identifier.urihttp://hdl.handle.net/10855/1643
dc.format.extent19 p. :
dc.languageeng
dc.typeWorking paper
dc.relation.isnodouble7311
uneca.subject.fulltaxonomyUNBIS::ECONOMIC DEVELOPMENT AND DEVELOPMENT FINANCE::ECONOMIC CONDITIONS::ECONOMIC POLICY
uneca.subject.fulltaxonomyUNBIS::ECONOMIC DEVELOPMENT AND DEVELOPMENT FINANCE::MONETARY ISSUES::MONETARY SYSTEMS
uneca.subject.fulltaxonomyUNBIS::ECONOMIC DEVELOPMENT AND DEVELOPMENT FINANCE::BANKING AND INVESTMENT::OPEN MARKET OPERATIONS
uneca.subject.fulltaxonomyUNBIS::ECONOMIC DEVELOPMENT AND DEVELOPMENT FINANCE::BANKING AND INVESTMENT::FINANCIAL POLICY
uneca.subject.fulltaxonomyUNBIS::ECONOMIC DEVELOPMENT AND DEVELOPMENT FINANCE::BANKING AND INVESTMENT::INTERNATIONAL FINANCE
uneca.subject.fulltaxonomyUNBIS::ECONOMIC DEVELOPMENT AND DEVELOPMENT FINANCE::MONETARY ISSUES::MONEY SUPPLY
uneca.subject.fulltaxonomyUNBIS::ECONOMIC DEVELOPMENT AND DEVELOPMENT FINANCE::MONETARY ISSUES::INTERNATIONAL MONETARY SYSTEM
uneca.subject.fulltaxonomyUNBIS::DEVELOPPEMENT ECONOMIQUE ET FINANCEMENT DU DEVELOPPEMENT::CONDITIONS ECONOMIQUES::POLITIQUE ECONOMIQUE
uneca.subject.fulltaxonomyUNBIS::DESARROLLO ECONOMICO Y FINANCIACION DEL DESARROLLO::CONDICIONES ECONOMICAS::POLITICA ECONOMICA
uneca.subject.fulltaxonomyUNBIS::DEVELOPPEMENT ECONOMIQUE ET FINANCEMENT DU DEVELOPPEMENT::QUESTIONS MONETAIRES::SYSTEMES MONETAIRES
uneca.subject.fulltaxonomyUNBIS::DESARROLLO ECONOMICO Y FINANCIACION DEL DESARROLLO::CUESTIONES MONETARIAS::SISTEMAS MONETARIOS
uneca.subject.fulltaxonomyUNBIS::DEVELOPPEMENT ECONOMIQUE ET FINANCEMENT DU DEVELOPPEMENT::OPERATIONS BANCAIRES ET INVESTISSEMENTS::OPERATIONS D'OPEN MARKET
uneca.subject.fulltaxonomyUNBIS::DESARROLLO ECONOMICO Y FINANCIACION DEL DESARROLLO::OPERACIONES BANCARIAS E INVERSIONES::OPERACIONES DE MERCADO ABIERTO
uneca.subject.fulltaxonomyUNBIS::DEVELOPPEMENT ECONOMIQUE ET FINANCEMENT DU DEVELOPPEMENT::OPERATIONS BANCAIRES ET INVESTISSEMENTS::POLITIQUE FINANCIERE
uneca.subject.fulltaxonomyUNBIS::DESARROLLO ECONOMICO Y FINANCIACION DEL DESARROLLO::OPERACIONES BANCARIAS E INVERSIONES::POLITICA FINANCIERA
uneca.subject.fulltaxonomyUNBIS::DEVELOPPEMENT ECONOMIQUE ET FINANCEMENT DU DEVELOPPEMENT::OPERATIONS BANCAIRES ET INVESTISSEMENTS::FINANCES INTERNATIONALES
uneca.subject.fulltaxonomyUNBIS::DESARROLLO ECONOMICO Y FINANCIACION DEL DESARROLLO::OPERACIONES BANCARIAS E INVERSIONES::FINANZAS INTERNACIONALES
uneca.subject.fulltaxonomyUNBIS::DEVELOPPEMENT ECONOMIQUE ET FINANCEMENT DU DEVELOPPEMENT::QUESTIONS MONETAIRES::MASSE MONETAIRE
uneca.subject.fulltaxonomyUNBIS::DESARROLLO ECONOMICO Y FINANCIACION DEL DESARROLLO::CUESTIONES MONETARIAS::DISPONIBILIDADES MONETARIAS
uneca.subject.fulltaxonomyUNBIS::DEVELOPPEMENT ECONOMIQUE ET FINANCEMENT DU DEVELOPPEMENT::QUESTIONS MONETAIRES::SYSTEME MONETAIRE INTERNATIONAL
uneca.subject.fulltaxonomyUNBIS::DESARROLLO ECONOMICO Y FINANCIACION DEL DESARROLLO::CUESTIONES MONETARIAS::SISTEMA MONETARIO INTERNACIONAL
uneca.conference.fulltaxonomyConference Categories::Conferences of African Ministers
uneca.conference.fulltaxonomyConference Categories::Sessions of the Commission
uneca.workflow.processedtrue
ags.creatorCorporateUnited Nations. Economic and Social Council
ags.creatorCorporateUnited Nations. Economic Commission for Africa
ags.creatorCorporateAfrican Economic Research Consortium
ags.creatorConferenceUN. ECA Conference of African Ministers of Finance Meeting (6th session : 1997, Mar. 31- Apr. 02 : Addis Ababa, Ethiopia)
ags.subjectThesaurusECONOMIC POLICY
ags.subjectThesaurusMONETARY SYSTEMS
ags.subjectThesaurusOPEN MARKET OPERATIONS
ags.subjectThesaurusFINANCIAL POLICY
ags.subjectThesaurusINTERNATIONAL FINANCE
ags.subjectThesaurusMONEY SUPPLY
ags.subjectThesaurusINTERNATIONAL MONETARY SYSTEM
ags.subjectThesaurusPOLITIQUE ECONOMIQUE
ags.subjectThesaurusPOLITICA ECONOMICA
ags.subjectThesaurusSYSTEMES MONETAIRES
ags.subjectThesaurusSISTEMAS MONETARIOS
ags.subjectThesaurusOPERATIONS D'OPEN MARKET
ags.subjectThesaurusOPERACIONES DE MERCADO ABIERTO
ags.subjectThesaurusPOLITIQUE FINANCIERE
ags.subjectThesaurusPOLITICA FINANCIERA
ags.subjectThesaurusFINANCES INTERNATIONALES
ags.subjectThesaurusFINANZAS INTERNACIONALES
ags.subjectThesaurusMASSE MONETAIRE
ags.subjectThesaurusDISPONIBILIDADES MONETARIAS
ags.subjectThesaurusSYSTEME MONETAIRE INTERNATIONAL
ags.subjectThesaurusSISTEMA MONETARIO INTERNACIONAL
ags.subjectClassification02.09.00 Monetary Policy(Macroeconomic Policy)
ags.availabilityNumber13302
ags.availabilityNumber1997
ags.availabilityLocationECA-HQ
ags.rights.termsofusepublic
ags.RNE/ECA/ESPD/CMF.6/4
ags.JN13302
ags.creatorConferenceCategoryConférences des ministres africains
ags.creatorConferenceCategorySessions de la Commission
ags.creatorConferenceCategoryConferences of African Ministers
ags.creatorConferenceCategorySessions of the Commission
uneca.language.supporteden


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