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Interest Rate Policies in Developing Countries

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  • International Monetary Fund

Abstract

In recent years, the appropriate level and structure of interest tates have come to be seen as major issues in connection with stabilization programs undertaken by members. These issues arise from consideration both on the demand side, as interest rates affect the magnitude of aggregate demand, and on the supply side, as they influence the volume and quality of investment and, thus, the growth of output.

Suggested Citation

  • International Monetary Fund, 1983. "Interest Rate Policies in Developing Countries," IMF Occasional Papers 1983/008, International Monetary Fund.
  • Handle: RePEc:imf:imfops:1983/008
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    Citations

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    Cited by:

    1. Odedokun, M. O., 1996. "Alternative econometric approaches for analysing the role of the financial sector in economic growth: Time-series evidence from LDCs," Journal of Development Economics, Elsevier, vol. 50(1), pages 119-146, June.
    2. Denizer, Cevdet & Desai, Raj M. & Gueorguiev, Nikolay, 1998. "The political economy of financial repression in transition economies," Policy Research Working Paper Series 2030, The World Bank.
    3. Srinivasan, Aruna & Meyer, Richard L., 1986. "An Empirical Analysis Of Rural Deposit Mobilization In South Asia," 1986 Annual Meeting, July 27-30, Reno, Nevada 278092, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    4. Addison T. & Demery L., 1986. "Impact of liberalisation on growth and equity," ILO Working Papers 992500143402676, International Labour Organization.
    5. Ngozi Adeleye & Evans Osabuohien & Ebenezer Bowale & Oluwatoyin Matthew & Emmanuel Oduntan, 2018. "Financial reforms and credit growth in Nigeria: empirical insights from ARDL and ECM techniques," International Review of Applied Economics, Taylor & Francis Journals, vol. 32(6), pages 807-820, November.
    6. Roseline Oluitan, 2015. "The Impact of Commercial Bank Funding on Small and Medium Scale Enterprises in Nigeria," International Journal of Financial Markets, Research Academy of Social Sciences, vol. 1(2), pages 62-69.
    7. Bela Balassa, 1984. "Prices, incentives, and economic growth," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 120(4), pages 611-630, December.
    8. Odedokun, Matthew O., 1999. "How the Size of the Monetary Sector Affects Economic Growth: Econometric Evidence from Industrial and Developing Countries," Journal of Policy Modeling, Elsevier, vol. 21(2), pages 213-241, March.
    9. Oludele Akinloye Akinboade & Emilie Chanceline Kinfack, 2013. "Interest rate reforms, financial deepening and economic growth in Cameroon: an empirical investigation," Applied Economics, Taylor & Francis Journals, vol. 45(25), pages 3574-3586, September.
    10. Hiemenz U. & Langhammer, Rolf J., 1986. "Efficiency pre-conditions for successful integration of developing countries into the world economy," ILO Working Papers 992485213402676, International Labour Organization.
    11. Dailami, Mansoor & Hinh T. Dinh, 1991. "Interest rate policy in Egypt : its role in stabilization and adjustment," Policy Research Working Paper Series 655, The World Bank.
    12. Jaime R. Marquez & Janice Shack-Marquez, 1987. "Financial concentration and development: an empirical analysis of the Venezuelan case," International Finance Discussion Papers 300, Board of Governors of the Federal Reserve System (U.S.).
    13. repec:ilo:ilowps:250014 is not listed on IDEAS
    14. repec:ilo:ilowps:248521 is not listed on IDEAS
    15. Rubab Khan & Hijaab Zahra, 2016. "Impact of Domestic Interest Rate on Foreign Direct Investment (A case study of Pakistan)," Bulletin of Business and Economics (BBE), Research Foundation for Humanity (RFH), vol. 5(4), pages 220-230, December.
    16. Bozhechkova, A.V. (Божечкова, А.В.) & Sinelnikova-Muryleva, Elena Vladimirovna (Синельникова-Мурылева, Елена Владимировна), 2016. "The Impact of Higher Interest Rates on Loans to the Economic Growth of the Russian Federation in the Current Environment [Влияние Высоких Процентных Ставок По Заимствованиям На Экономический Рост Р," Working Papers 21310, Russian Presidential Academy of National Economy and Public Administration.

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