Instruments of Monetary Management: Issues and Country Experiences

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Tomás J. T. Baliño, Lorena M. Zamalloa
International Monetary Fund, Sep 7, 1997 - 315 pages
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Many countries have reformed their monetary instruments over the last few years. Edited by Tomas J.T. Balino and Lorena M. Zamalloa, this volume deals with the design, implementation, and coordination of major monetary policy instruments, highlighting relevant country experiences. In particular, it discusses how to adapt those instruments to the financial environment as well as how to help this environment to develop.

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Introducing Open Market Operations
Design of Instrument Mix

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