IDEAS home Printed from https://ideas.repec.org/a/pje/journl/article1982winiii.html
   My bibliography  Save this article

Credit Policy And Foreign Assets In Selected African Economies

Author

Listed:
  • G. Robert FRANCO*

Abstract

This paper is concerned with examining the usefulness of the monetary approach to the balance of payments for a number of African economies. A model is developed to estimate the relationship between domestic credit and changes in foreign assets in order to guide policymakers in implementing credit policies aimed at reaching a given balance of payments objective. The general conclusions of the study are that the monetary approach does have some applicability to developing countries and that excessive increases in credit are a major cause of external disequilibrium in many African economies.

Suggested Citation

  • G. Robert FRANCO*, 1982. "Credit Policy And Foreign Assets In Selected African Economies," Pakistan Journal of Applied Economics, Applied Economics Research Centre, vol. 1(2), pages 193-222.
    • Handle: RePEc:pje:journl:article1982winiii
    as

    Download full text from publisher

    File URL: http://www.aerc.edu.pk/wp-content/uploads/2017/03/3rd-Paper-Page-193-222-1.pdf
    Download Restriction: no
    ---><---

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pje:journl:article1982winiii. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Samina Khalil (email available below). General contact details of provider: https://edirc.repec.org/data/aekarpk.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.