Refinance Instruments : Lessons From their Use in Some Industrialized Countries

Lessons From their Use in Some Industrialized Countries

Refinance Instruments : Lessons From their Use in Some Industrialized Countries
Many central banks around the world are gradually shifting from a system of direct controls towards the implementation of monetary policy through market-oriented instruments, including refinance facilities. This paper reviews the use of refinance instruments in a sample of industrialized countries, and discusses how central banks use them to... READ MORE...

Publication date: May 1994
ISBN 9781451847048
$15.00

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