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The Effect of Various Credit Controls on the Level of International Reserves

Year:    1984

Author:    Lopez, Franklin

Credit and Capital Markets – Kredit und Kapital, Vol. 17 (1984), Iss. 3 : pp. 404–415

Abstract

The Effect of Various Credit Controls on the Level of International Reserves

The objective of this paper is to analyze and evaluate the effects of various types of monetary and credit policies on the level of international reserves. Most Less Developed Countries use ceilings on credit granted by the Banking System and Advanced Deposits on Imports as instruments to control and stabilize the Balance of Payments. This paper shows that domestic credit control (Advanced Deposits on Imports included) by the Central Bank is more effective than setting ceilings on Private Banks Credit for controlling the flow of Foreign Reserves.

Journal Article Details

Publisher Name:    Global Science Press

Language:    Multiple languages

DOI:    https://doi.org/10.3790/ccm.17.3.404

Credit and Capital Markets – Kredit und Kapital, Vol. 17 (1984), Iss. 3 : pp. 404–415

Published online:    1984-03

AMS Subject Headings:    Duncker & Humblot

Copyright:    COPYRIGHT: © Global Science Press

Pages:    12

Author Details

Lopez, Franklin Email