Interest Rate Liberalization : Some Lessons From Africa

Some Lessons From Africa

Interest Rate Liberalization : Some Lessons From Africa
This paper undertakes a survey of theoretical considerations and an analysis of the experience of five African countries with interest rate liberalization. Despite substantial progress in monetary policy reforms, liberalization has only partially affected the level and variability of interest rates. Several factors-macroeconomic instability,... READ MORE...

Publication date: December 1991
ISBN 9781451939187
$15.00

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