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Sudan :, Selected Issues

This Selected Issues paper examines the monetary policy framework in Sudan, and assesses the effectiveness of monetary transmission mechanism since the secession of South Sudan. The econometric analysis concludes that reserve money, the exchange rate, and private sector credit are the main determinants of inflation after the secession of South Sudan and that the transmission lags have been shortened significantly compared with previous studies. These findings reinforce the need for a comprehensive package of fiscal and monetary measures that strengthens the monetary policy framework and improves its effectiveness
Table Of Contents
Cover; CONTENTS; MONETARY TRANSMISSION MECHANISM IN SUDAN; A. Introduction; B. Monetary Policy Framework; FIGURES; 1. Central Rate, Commercial Banks Rate, and Parallel Rate, 2009-13; 2. Required and Excess Reserves and Inflation, 2011-13; C. Channels of Monetary Transmission; 3. Net Credit to Central Government, 2011-13; 4. Selected MENA Importers: Seigniorage and Inflation, 2012; D. The Model; TABLES; 1. Effectiveness of Monetary Transmission; E. Policy Recommendations; 2. Estimation Results of Previous Study; REFERENCES; GOLD TAXATION IN SUDAN; A. Background; TABLES
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (41 p.)
Specific Material Designation
Form Of Item

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