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Catallactics misapplication;It crucial role in African underdeveloped Economy

Author

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  • Tweneboah Senzu, Emmanuel

Abstract

The study and purpose of this paper is to correct the error which emerged from the careless use of imaginary construction on the direct and indirect exchange of the market, by the Central Banks of Africa to dispense their monetary policy. This results in fallacious economic predictions and policy constructions to the future of the market. The latter result is the frustration of the employment of capital and labour for the development of the economy of Africa.

Suggested Citation

  • Tweneboah Senzu, Emmanuel, 2016. "Catallactics misapplication;It crucial role in African underdeveloped Economy," MPRA Paper 74136, University Library of Munich, Germany, revised Aug 2016.
    • Handle: RePEc:pra:mprapa:74136
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    File URL: https://mpra.ub.uni-muenchen.de/74136/1/MPRA_paper_74136.pdf
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    More about this item

    Keywords

    Macroeconomics; Monetary Policy; Labour economics; Development Economics;
    All these keywords.

    JEL classification:

    • 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
    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
    • E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination

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