How Are Open Market Operations Related To Others

Essay specific features

 

Issue:

Business

 

Written by:

Son W

 

Date added:

November 8, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

18 / 4958

 

Was viewed:

331 times

 

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Essay content:

Industrial countries, with well-developed and sensitive markets, normally employ a passive approach, although there have been exceptions. A passive approach also appears to be the norm in emerging markets that have reached a certain level of sophistication. There are advantages to a more active approach in developing countries, however...
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A passive approach also appears to be the norm in emerging markets that have reached a certain level of sophistication. There are advantages to a more active approach in developing countries, however. In such countries, the absence of efficient secondary or interbank markets--to transmit the influence of monetary policy--might be one reason for an active approach...
displayed 300 characters

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