Monetary policy and central banking in the Middle East and North Africa / / edited by David Cobham and Ghassan Dibeh

• Record Nr.: UNINA9910808796303321
• Pubbl/distr/stampa: Abingdon, Oxon ; ; New York, NY, : Routledge, 2009
• ISBN: 1-134-02376-6; 1-281-93240-X; 9786611932404; 0-203-88455-8
• Edizione: [1st ed.]
• Descrizione fisica: 1 online resource (266 p.)
• Collana: The Routledge political economy of the Middle East and North Africa series
• Altri autori (Persone): CobhamDavid P; DibehGhassan <1963->
• Disciplina: 339.5/30956; 339.530956
• Soggetti: Banks and banking, Central - Africa, North; Banks and banking, Central - Middle East; Monetary policy - Africa, North; Monetary policy - Middle East
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Note generali: Description based upon print version of record.
• Nota di bibliografia: Includes bibliographical references and index.
• Nota di contenuto: Book Cover; Title; Copyright; Contents; Illustrations; Notes on contributors; Preface; 1 Introduction; Part I Central banking and monetary policy; 2 The political economy of central banking in the MENA region with special reference to Lebanon; 3 The degree of legal central bank independence in MENA countries: International comparisons and macroeconomic implications; 4 Monetary policy operations of debtor central banks in MENA countries; 5 Central bank independence in MENA transition economy: The experience of Algeria; 6 Inflation targeting and financial fragility in Tunisia; Part II Monetary policy and exchange rate regimes7 Alternative exchange rate regimes for MENA countries: Gravity model estimates of the trade effects; 8 Exchange rate arrangements and price stability in MENA countries; 9 Exchange rate regimes for small countries: An application to the Maghreb countries; 10 Estimating central bank ; behaviour in emerging markets: The case of Turkey; 11 A common currency for Middle Eastern and North African countries?: Lessons from the European Monetary Union; Index
• Sommario/riassunto: This book examines monetary policy, central banking and exchange rate regimes in the Middle East and North Africa. Part I covers central banking and monetary policy, while Part II covers monetary policy and exchange rate regimes. Some chapters focus on the monetary frameworks of particular countries, including Lebanon, Algeria, Syria, Tunisia, Morocco, and Turkey, outlining the different systems operated in each case, considering their successes and failures, and discussing important issues such as government policy, macroeconomic performance, inflation and inflation targeting, central bank