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