Factors that influence the effective operation of monetary policy in developing countries. 

Factors that influence the effective operation of monetary policy in developing countries. 

  • Nature of distribution of commercial banks.
  • Level of accountability in the banking sector.
  • Level of coordination of goverm11ent objectives.
  • Level of liquidity preference among the general public.
  • Level of development of money markets / financial sector.
  • Degree of external interference in Central bank activities.
  • Level of liquidity in Commercial Banks.
  • The size of the monetary / subsistence sector.
  • Degree of awareness of the public about facilities offered by Commercial banks.
  • Degree of political interference in Central bank activities especially in implementation of the monetary policy.
  • The number of foreign Commercial banks.
  • Level of effectiveness in the use  of commercial banks
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