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Other Papers on :Economics

Other Papers on :Price Stability, Inflation and Central Banks

S/E/91. Dissertation. Policy of central bank of Pakistan

(2006, 12 000 words)

The dissertation examines the policy of the Central Bank of Pakistan. The bank's history is related; literature is reviewed on the theory of monetary policy, open market operations, regulation of credit, etc. Monetary channels in Pakistan are defined; the monetary policy of 2005-2006 is described; determinants of monetary transmission mechanism in Pakistan are examined on the basis of the country's key economic indicators. Conclusions are made about the policy instruments used by the Central Bank of Pakistan to pursue monetary policy objectives.
 
   
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