Monetary theory / Vijay Kumar Ari, Randheer Singh Bhinchar.

By:

Ari, Vijay Kumar [author]

Contributor(s):

Bhinchar, Randheer Singh [author]

Material type: Text

TextLanguage: English Publication details: New Delhi : Random Publications, 2021.Description: 309 pages : illustrations ; 24 cmContent type:

text

Media type:

unmediated

Carrier type:

volume

ISBN:

9789352697427 (hardback)

Subject(s):

LOC classification:

HG2303 Ar4 2021

Online resources:

Click here to view the table of contents

Contents:

Introduction -- Theory in Monetary Policy -- Money and Credit -- Investment -- International Monetary Fund -- Money Supply and Demand -- Currency Areas, Exchange Rate Systems and International Monetary Reform -- Monetary Standards of Money -- Role of Banking System in the Economy.

Summary: "The primary tool of monetary policy is open market operations. This entails managing the quantity of money in circulation through the buying and selling of various credit instruments, foreign currencies or commodities. All of these purchases or sales result in more or less base currency entering or leaving market circulation. Monetary theory is based on the idea that a change in money supply is the main driver of economic activity. It argues that central banks, which control the levers of monetary policy, can exert much power over economic growth rates by tinkering with the amount of currency and other liquid instruments circulating in a country's economy. Developing countries may have problems establishing an effective operating monetary policy. The primary difficulty is that few developing countries have deep markets in government debt. The matter is further complicated by the difficulties in forecasting money demand and fiscal pressure to levy the inflation tax by expanding the monetary base rapidly. In general, the central banks in many developing countries have poor records in managing monetary policy. This book, written as an introductory manual, has been conceptualised and written as a book which challenges, as well as defines, much of what entails, contemporary monetary economic."--Back cover

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Holdings
Item type	Current library	Collection	Call number	Materials specified	URL	Status	Date due	Barcode
Books	Ladislao N. Diwa Memorial Library Reserve Section	Non-fiction	RUS HG2303 Ar4 2021 (Browse shelf(Opens below))		Link to resource	Room use only		00083107

Includes bibliographical references and index.

Introduction -- Theory in Monetary Policy -- Money and Credit -- Investment -- International Monetary Fund -- Money Supply and Demand --
Currency Areas, Exchange Rate Systems and International Monetary Reform -- Monetary Standards of Money -- Role of Banking System in the Economy.

"The primary tool of monetary policy is open market operations. This entails managing the quantity of money in circulation through the buying and selling of various credit instruments, foreign currencies or commodities. All of these purchases or sales result in more or less base currency entering or leaving market circulation. Monetary theory is based on the idea that a change in money supply is the main driver of economic activity. It argues that central banks, which control the levers of monetary policy, can exert much power over economic growth rates by tinkering with the amount of currency and other liquid instruments circulating in a country's economy. Developing countries may have problems establishing an effective operating monetary policy. The primary difficulty is that few developing countries have deep markets in government debt. The matter is further complicated by the difficulties in forecasting money demand and fiscal pressure to levy the inflation tax by expanding the monetary base rapidly. In general, the central banks in many developing countries have poor records in managing monetary policy. This book, written as an introductory manual, has been conceptualised and written as a book which challenges, as well as defines, much of what entails, contemporary monetary economic."--Back cover

Fund 164 Wiseman's Books Trading, Inc. Purchased 08/30/2022 0 pnr PHP 7,998.00 2022-08/634 2022-1-0743

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