TY - BOOK AU - laurens, Bernard J. TI - Monetary policy implementation at different stages of market development SN - 9781589064386 U1 - 332.49 PY - 2005/// CY - Washington, D. C. PB - International Monetary Fund KW - Monetary policy KW - International Monetary Fund N2 - It reflects the belief that allowing market forces to allocate financial resources brings about increased economic effieciency and growth. The material in this paper was prepared in response to questions raised by some Executive Directors regarding the use of market-based monetary instruments in small economies or in countries with underdevloped financial markets and was discussed ar an IMF Executive Board Seminar on Nov.17, 2004 ER -