Financial liberalization, money demand, and monetary policy in Asian countries
By: Wanda Tseng and Robert Corker.
Contributors: Corker, Robert.
Series: Occasional paper,; 84; Occasional paper (International Monetary Fund) ;; no. 84.
Publisher: International Monetary Fund
Published: 1991
Place of publication: Washington, DC
Language: eng
Number of pages: 52
Subjects: Monetary policy -- Asia.; Monetary policy -- Asia, Southeastern.
Description: During the 1980s virtually all Asian Countries liberalized their domestic financial systems. In many of these countries, this was accompanied by the relaxation of capital controls and a move toward more flexible exchange rate arrangements. These developments have altered the channels of monetary policy, affected the relationship between money demand and incomes and interest rates, and prompted a reassessment of the appropriate instruments of monetary policy. This paper focuses on these and other issues of monetary policy in the wake of the financial reforms.
Notes: Includes bibliographical references (p. 49-50).
"July 1991."