Monetary Policy in Sub-Saharan Africa
Sorozatcím: Africa: Policies for Prosperity;
-
10% KEDVEZMÉNY?
- A kedvezmény csak az 'Értesítés a kedvenc témákról' hírlevelünk címzettjeinek rendeléseire érvényes.
- Kiadói listaár GBP 93.00
-
41 989 Ft (39 990 Ft + 5% áfa)
Az ár azért becsült, mert a rendelés pillanatában nem lehet pontosan tudni, hogy a beérkezéskor milyen lesz a forint árfolyama az adott termék eredeti devizájához képest. Ha a forint romlana, kissé többet, ha javulna, kissé kevesebbet kell majd fizetnie.
- Kedvezmény(ek) 10% (kb. 4 198 Ft)
- Kedvezményes ár 37 791 Ft (35 991 Ft + 5% áfa)
Iratkozzon fel most és részesüljön kedvezőbb árainkból!
Feliratkozom
41 989 Ft
Beszerezhetőség
Megrendelésre a kiadó utánnyomja a könyvet. Rendelhető, de a szokásosnál kicsit lassabban érkezik meg.
Why don't you give exact delivery time?
A beszerzés időigényét az eddigi tapasztalatokra alapozva adjuk meg. Azért becsült, mert a terméket külföldről hozzuk be, így a kiadó kiszolgálásának pillanatnyi gyorsaságától is függ. A megadottnál gyorsabb és lassabb szállítás is elképzelhető, de mindent megteszünk, hogy Ön a lehető leghamarabb jusson hozzá a termékhez.
A termék adatai:
- Kiadó OUP Oxford
- Megjelenés dátuma 2018. március 22.
- ISBN 9780198785811
- Kötéstípus Keménykötés
- Terjedelem474 oldal
- Méret 242x163x32 mm
- Súly 844 g
- Nyelv angol 0
Kategóriák
Rövid leírás:
Low-income countries in sub-Saharan Africa present unique monetary policy challenges, from the high share of volatile food in consumption to underdeveloped financial markets. This book draws on the International Monetary Fund's research and practice to uncover how monetary policy in this region currently operates, and what changes should be made.
TöbbHosszú leírás:
Low-income countries in sub-Saharan Africa present unique monetary policy challenges, from the high share of volatile food in consumption to underdeveloped financial markets; however most academic and policy work on monetary policy is aimed at much richer countries. Can economic models and methods invented for rich countries even be adapted and applied here? How does and should monetary policy work in sub-Saharan African? Monetary Policy in Sub-Saharan Africa answers these questions and provides practical tools and policy guidance to respond to the complex challenges of this region.
Most countries in sub-Saharan Africa have made great progress in stabilizing inflation over the past two decades. As they have achieved a degree of basic macroeconomic stability, policymakers are looking to avoid policy misalignments and respond appropriately to shocks in order to achieve stability and growth. Officially, they often have adopted "money targeting" frameworks, a regime that has long disappeared from almost all advanced and even emerging-market discussions. In practice, though, they are in many cases finding current regimes lacking, with opaque and sometimes inconsistent objectives, inadequate transmission of policy to the economy, and difficulties in responding to supply shocks. Monetary Policy in Sub-Saharan Africa takes a new approach by applying dynamic general equilibrium models suitably adapted to reflect key features of low-income countries for the analysis of monetary policy in sub-Saharan African countries.
Using a progressive approach derived from the International Monetary Fund's extensive practice and research, Monetary Policy in Sub-Saharan Africa seeks to address what we know about the empirics of monetary transmission in low-income countries, how monetary policy can work in countries characterized by underdeveloped financial markets and opaque policy regimes, and how we can use empirical and theoretical methods largely derived in advanced countries to answer these questions. It then uses these key topics to guide policymakers as they attempt to adjust food price, terms of trade, aid shocks, and the effects of the global financial crisis.
Tartalomjegyzék:
Monetary Policy in Sub-Saharan Africa
Inflation Targeting in Uganda: What Lessons Can We Learn from Five Years of Experience?
Section I: Empirical Evidence
Introduction to Section I
Economic Fluctuations in Sub-Saharan Africa
The Monetary Transmission Mechanism: Lessons from a Dramatic Event
Identifying the Monetary Transmission Mechanism in Sub-Saharan Africa
Section II: Analytical Issues Relevant for Monetary Policy Analysis in Sub-Saharan Africa
Introduction to Section II
On the Role of Money Targets in the Monetary Policy Framework in SSA: Insights from a New-Keynesian Model with Incomplete Information
Implementation Errors and Incomplete Information: Implications for the Effects of Monetary Policy in Low-Income Countries
On the First-Round Effects of International Food Price Shocks
Implications of Food Subsistence for Monetary Policy and Inflation
The Short Run Macroeconomics of Aid Inflows: Understanding the Interaction of Fiscal and International Reserve Policy
Modeling Sterilized Interventions and Balance Sheet Effects of Monetary Policy in a New-Keynesian Framework
Section III: Applied Models for Policy Analysis and Forecasting in SSA: Selected Case Studies
Introduction to Section III
On the Sources of Inflation in Kenya: A Model-Based Approach
Do Money Targets Matter for Monetary Policy in Kenya?
Monetary Policy in Zambia in the Face of the Global Crisis: A Structural Analysis
Introducing a Semi-Structural Macroeconomic Model for Rwanda
Inflation Forecast Targeting in a Low Income Country: The Case of Ghana
A Structural Analysis of the Determinants of Inflation in the CEMAC Region