Interest Rate Policies in Developing Countries
October 31, 1983
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In recent years, the appropriate level and structure of interest tates have come to be seen as major issues in connection with stabilization programs undertaken by members. These issues arise from consideration both on the demand side, as interest rates affect the magnitude of aggregate demand, and on the supply side, as they influence the volume and quality of investment and, thus, the growth of output.
Subject: Capital inflows, Central bank policy rate, Credit, Financial services, Inflation, Interest rate policy, Monetary policy, Money, Prices, Real interest rates
Keywords: Africa, Central bank policy rate, Credit, equilibrium interest rates, financial asset, Inflation, interest rate, Interest rate policy, interest rate reform, interest rate repression, investment decision, OP, real interest rate, Real interest rates, repressed interest rates
Pages:
36
Volume:
1983
DOI:
Issue:
008
Series:
Occasional Paper No. 1983/008
Stock No:
S022EA0000000
ISBN:
9781557751041
ISSN:
0251-6365
