Monetary Policy and Central Banking in the Middle East and North Africa

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Monetary Policy and Central Banking in the Middle East and North Africa

By David Cobham

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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 independence and the impact of broader political economic developments on the conduct of monetary policy. Other chapters cover thematic issues across the whole region, including: central bank independence, operations of debtor central banks, the effect of exchange rates on inflation, and the effect on countries’ trade of alternative exchange rate regimes. Drawing on the insights of scholars and policy-makers, this book is a vital resource for anyone wanting to understand the economies of the Middle East and North Africa.

Subject: Business & Economics -> Economics -> Money & Banking/Monetary Theory

Monetary Policy and Central Banking in the Middle East and North Africa
1st edition
Publisher: Taylor & Francis 1/13/09
Imprint: Routledge
Language: English
Length: 272 pages

ISBN 10: 1134023766
ISBN 13: 9781134023769
Print ISBN: 9780415476430

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