MONETARY POLICY AND THE EFFICIENCY OF THE INTEREST TRANSMISSION CHANNEL: THE CASE OF DEVELOPING COUNTRIES (original) (raw)

2022, Ekin Yayınevi- ACADEMIC COMMENTS AND ANALYZES ON DEVELOPMENTS IN FINANCE AND ECONOMICS

AI-generated Abstract

This study investigates the efficacy of monetary policy transmission channels in developing countries, highlighting variances between emerging and developed economies. It emphasizes the evolution from credit channels to interest rate channels post-1990s, stresses the importance of central bank independence, and discusses how external factors like globalization and commodity prices impact domestic monetary policies. The research aims to elucidate the role of central banks in influencing growth and inflation through interest rate decisions while also examining intrinsic challenges such as government interference.

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