03793nam 2200613Ia 450 991045260120332120200520144314.01-4755-8119-X1-4755-4380-8(CKB)2550000000107555(EBL)1606769(SSID)ssj0000938572(PQKBManifestationID)11578947(PQKBTitleCode)TC0000938572(PQKBWorkID)10921287(PQKB)10343263(MiAaPQ)EBC1606769(Au-PeEL)EBL1606769(CaPaEBR)ebr10579641(OCoLC)794866032(EXLCZ)99255000000010755520111102d2012 uy 0engur|n|---|||||txtccrHow effective is monetary transmission in low-income countries?[electronic resource] a survey of the empirical evidence /Prachi Mishra and Peter MontielWashington, D.C. International Monetary Fundc20121 online resource (49 p.)IMF working paper ;12/143Description based upon print version of record.1-4755-8513-6 1-4755-0406-3 Includes bibliographical references.Cover; Contents; I. Introduction; II. Monetary transmission and the bank lending channel in developing countries; III. Empirical Methedology; IV. Sub-Saharan Africa; V. Transition economies in central and Eastern Europe (CEE); VI. Transition economies in central Asia (CEE); VII. The Middle East and North Africa (MENA); VIII. Asia-Pacific; IX. Latin America and the Caribbean; X. Summary and conclusions; Appendix: Institutional Quality, Bank Competition, and the Effectiveness of the Bank lending Channel; References; Tables; Table 1. Financial Environment Across Countries, Sub-Saharan AfricaTable 2. Monetary Transmission in Sub-Saharan AfricaTable 3. Financial Environment Across Countries, Central and Eastern Europe; Table 4. Monetary Transmission in Central and Eastern Europe; Table 5. Financial Environment Across Countries, Central Asia; Table 6. Monetary Transmission in Central Asia; Table 7. Financial Environment Across Countries, Middle East and North Africa; Table 8. Monetary Transmission in the Middle East and North Africa; Table 9. Financial Environment Across Countries, Asia and Pacific; Table 10. Monetary Transmission in Asia and the PacificTable 11. Financial Environment Across Countries, Latin America and the CaribbeanTable 12. Monetary Transmission in Latin America and the CaribbeanThis paper surveys the evidence on the effectiveness of monetary transmission in low-income countries. It is hard to come away from this review with much confidence in the strength of monetary transmission in such countries. We distinguish between the ""facts on the ground"" and ""methodological deficiencies"" interpretations of the absence of evidence for strong monetary transmission. We suspect that ""facts on the ground"" are an important part of the story. If this conjecture is correct, the stabilization challenge in developing countries is acute indeed, and identifying the means of enhanIMF working paper ;12/143.Monetary policyDeveloping countriesFinanceDeveloping countriesElectronic books.Monetary policyFinanceMishra Prachi1975-865527Montiel Peter942691MiAaPQMiAaPQMiAaPQBOOK9910452601203321How effective is monetary transmission in low-income countries2131125UNINA