Monetization in Low- and Middle-Income Countries

Working Paper No. 12/160

Nopic
The degree of an economy's monetization, which has an important implication on economic growth, can be affected by the conduct of monetary policy, financial sector reform, and episodes of financial crises. The paper finds that monetization--measured by the ratio of broad money to nominal GDP-- in low- to middle-income countries is significantly... READ MORE...

Publication date: June 2012
ISBN 9781475504651
$18.00

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Publication date: June 2012

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Publication date: June 2012

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