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Cross-Country and Cross-Sector Analysis of Transparency of Monetary and Financial Policies.

IMF eLibrary Available online

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Format:
Book
Government document
Author/Creator:
International Monetary Fund.
Contributor:
International Monetary Fund, Contributor.
Series:
IMF Working Papers; Working Paper ; No. 2003/094
IMF Working Papers
Language:
English
Physical Description:
1 online resource (45 pages)
Place of Publication:
Washington, D.C. : International Monetary Fund, 2003.
Language Note:
English
Summary:
In this paper we construct indices of transparency of monetary and financial policies, based on self-evaluations carried out by 135 IMF member countries in 1999, and use them to identify transparency patterns across different policies and country groups. We find that across all countries, transparency is highest in the formulation and conduct of monetary policy and lowest in insurance supervision and deposit-insurance oversight. Across country groups having similar political/economic characteristics, the average degree of transparency is highest in advanced countries and lowest in developing ones for both monetary policy and those financial policies for which there are differences between country group means.
Notes:
Bibliographic Level Mode of Issuance: Monograph
Description based on print version record.
ISBN:
9786613779649
9781462359035
1462359035
9781451994506
1451994508
9781281379092
1281379093
9781451897609
145189760X

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