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Monetary Policy in RwandaEvolution of Monetary Policy Implementation in Rwanda

Monetary Policy in Rwanda: Evolution of Monetary Policy Implementation in Rwanda [Monetary policy in Rwanda has undergone profound changes since the establishment of the National Bank of Rwanda (NBR) in 1964. For a period of 26 years, the NBR conducted direct monetary control in the absence of a money market. In 1990, the bank shifted to the use of indirect monetary policy instruments following the advent of free-market economic policies, also known as the “Washington Consensus”, such as the introduction of the Structural Adjustment Programs (SAPs), supported by the Bretton Woods institutions (BWIs).] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

Monetary Policy in RwandaEvolution of Monetary Policy Implementation in Rwanda

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Publisher
Springer Singapore
Copyright
© The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd. 2021
ISBN
978-981-33-6745-6
Pages
31 –54
DOI
10.1007/978-981-33-6746-3_2
Publisher site
See Chapter on Publisher Site

Abstract

[Monetary policy in Rwanda has undergone profound changes since the establishment of the National Bank of Rwanda (NBR) in 1964. For a period of 26 years, the NBR conducted direct monetary control in the absence of a money market. In 1990, the bank shifted to the use of indirect monetary policy instruments following the advent of free-market economic policies, also known as the “Washington Consensus”, such as the introduction of the Structural Adjustment Programs (SAPs), supported by the Bretton Woods institutions (BWIs).]

Published: Feb 8, 2021

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