Monetary Policy in Rwanda
1964-Present
1st Edition
Published on 7. February 2021
X, 161 pages
978-981-336-746-3 (ISBN)
Description
This book analyzes evolution of monetary policy in Rwanda since it was first implemented by the National Bank of Rwanda in 1964 when the bank was established. It contributes to the understanding of monetary policy which is formulation and implementation in different stages of development of a financial system that comprises the financial market (money market and capital market), financial intermediaries such as commercial banks, and the financial sector infrastructures such as payment systems and the credit reference bureau. The book breaks down applied empirical research on the assessment of key assumptions of a monetary targeting framework, namely the stability of money multiplier and money demand using econometrics of time series, through a number of case studies. Presenting a detailed empirical analysis of the monetary transmission mechanism, one of the most analyzed topics in central banks in advanced economies, this book is a valuable read for central bankers and other researchers of monetary policy, particularly in developing economies.
More details
Series
Language
English
Place of publication
Singapore
Singapore
Publishing group
Springer Singapore
Target group
Professional and scholarly
Product notice
Reflowable
Illustrations
X, 161 p. 55 illus., 54 illus. in color.
File size
4,44 MB
ISBN-13
978-981-336-746-3 (9789813367463)
DOI
10.1007/978-981-33-6746-3
Schweitzer Classification
Other editions
Additional editions
Book
02/2021
Springer
€106.99
Shipment within 10-15 days
Person
Thomas Kigabo Rusuhuzwa is Economist with over 15 years' expertise in economic policy formulation and implementation both in Rwanda and in the East African Community (EAC). He has extensive experience in economic research and analysis, first as Chief Economist of the National Bank of Rwanda (Central Bank) and then as Researcher and Academic. He is currently Associate Professor at the College of Business, University of Rwanda, and Chief Economist and Director in Charge of monetary policy, research, and statistics at the National Bank of Rwanda.
Content
Financial System Development and Monetary Policy.- Evolution of Monetary Policy Implementation in Rwanda.- Development of the Monetary Policy Framework in Rwanda Monetary Transmission Mechanism in Rwanda.- Monetary Policy Communication at the National Bank of Rwanda .- Appendices.
