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The Theory of Catallactics Misapplication in Monetary Policy of Developing Economies and Consequences


  • Emmanuel SENZU

    (Frederic Bastiat Institute Ghana African School of Economics Republic of Benin Cape Coast Technical University Ghana)


It is believed and observed that lack of modern understanding of the economic market of developing countries and it theoretical functioning is understood to be a contributing factor in affecting quality development and dispensing of monetary policy resulting in its inability to address desired economic growth per it legal mandate Which the paper establishes the major factorial phenomenon to be considered as a means to enhance monetary instrument development and application in such economy

Suggested Citation

  • Emmanuel SENZU, 2018. "The Theory of Catallactics Misapplication in Monetary Policy of Developing Economies and Consequences," Journal of Advanced Studies in Finance, ASERS Publishing, vol. 9(1), pages 24-33.
  • Handle: RePEc:srs:jasf00:v:9:y:2018:i:1:p:24-33

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    References listed on IDEAS

    1. Kenneth Kuttner & Patricia Mosser, 2002. "The monetary transmission mechanism in the United States: some answers and further questions," BIS Papers chapters, in: Bank for International Settlements (ed.), Market functioning and central bank policy, volume 12, pages 433-443, Bank for International Settlements.
    2. Kenneth N. Kuttner & Patricia C. Mosser, 2002. "The monetary transmission mechanism: some answers and further questions," Economic Policy Review, Federal Reserve Bank of New York, vol. 8(May), pages 15-26.
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    More about this item

    JEL classification:

    • E2 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment
    • E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies


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