Monetary Economics in Emerging and Developing Countries

Monetary Economics in Emerging and Developing Countries

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Monetary economics is concerned with the role of money in economic activities. The development of monetary theory and policy plays a significant role in the growth and development of various economies. This has far-reaching implications for various sectors of the economy through several channels, including inflation, employment, interest rates, exchange rates, consumption, government spending, investment, and the level of economic activity. Much of the literature to date has focused on developed economies. This book, however, is an essential guide to the monetary and economic systems of emergi...