001433877 000__ 05129cam\a2200589\i\4500 001433877 001__ 1433877 001433877 003__ OCoLC 001433877 005__ 20230309003658.0 001433877 006__ m\\\\\o\\d\\\\\\\\ 001433877 007__ cr\cn\nnnunnun 001433877 008__ 210213s2021\\\\si\\\\\\ob\\\\000\0\eng\d 001433877 019__ $$a1236921385 001433877 020__ $$a9813367466$$q(electronic book) 001433877 020__ $$a9789813367463$$q(electronic bk.) 001433877 020__ $$z9813367458 001433877 020__ $$z9789813367456 001433877 0247_ $$a10.1007/978-981-33-6746-3$$2doi 001433877 035__ $$aSP(OCoLC)1237410227 001433877 040__ $$aEBLCP$$beng$$erda$$epn$$cEBLCP$$dYDX$$dGW5XE$$dYDXIT$$dOCLCO$$dOCLCF$$dN$T$$dUKAHL$$dSFB$$dOCLCO$$dOCLCQ$$dBRX$$dEBLCP$$dOCLCQ 001433877 043__ $$af-rw--- 001433877 049__ $$aISEA 001433877 050_4 $$aHG1345$$b.R87 2021 001433877 08204 $$a332.4/967571$$223 001433877 1001_ $$aRusuhuzwa, Thomas Kigabo. 001433877 24510 $$aMonetary policy in Rwanda :$$b1964--Present /$$cThomas Kigabo Rusuhuzwa. 001433877 264_1 $$aSingapore :$$bSpringer,$$c[2021] 001433877 300__ $$a1 online resource (168 pages) 001433877 336__ $$atext$$btxt$$2rdacontent 001433877 337__ $$acomputer$$bc$$2rdamedia 001433877 338__ $$aonline resource$$bcr$$2rdacarrier 001433877 4901_ $$aFrontiers in African Business Research 001433877 504__ $$aIncludes bibliographical references. 001433877 5050_ $$aIntro -- Foreword -- Preface -- Contents -- 1 Financial System Development and Monetary Policy -- 1.1 Introduction -- 1.2 Financial System and Monetary Policy -- 1.2.1 Financial Intermediaries -- 1.2.2 Financial Markets -- 1.2.3 Financial Infrastructure -- 1.3 Financial System Development in Rwanda -- 1.3.1 Financial Sector -- 1.3.2 Financial Markets -- 1.3.3 Financial Market Infrastructure Development -- References -- 2 Evolution of Monetary Policy Implementation in Rwanda -- 2.1 Introduction -- 2.2 Era of Direct Control (1964-1990) -- 2.2.1 Monetary Policy Instruments 001433877 5058_ $$a2.2.2 Outcomes of NBR Monetary Policy Between 1964 and 1994 -- 2.3 Period of Market-Based Monetary Policy Instruments -- 2.3.1 Monetary Policy Instruments -- 2.3.2 Outcomes of NBR Monetary Policy After 1994 -- References -- 3 Development of the Monetary Policy Framework in Rwanda -- 3.1 Monetary Targeting Framework in Rwanda -- 3.1.1 Base Money as Operating Target -- 3.1.2 Money Multiplier -- 3.1.3 Money Multiplier Model for Rwanda -- 3.1.4 Stability of Money Multiplier -- 3.1.5 The Money Demand -- 3.1.6 Estimation of Money Demand Function in Rwanda -- 3.1.7 Stability of Money Demand in Rwanda 001433877 5058_ $$a3.2 Price-Based Monetary Policy Framework -- References -- 4 Monetary Transmission Mechanism in Rwanda -- 4.1 Introduction -- 4.2 Determinants of Monetary Transmission Mechanism -- 4.3 Interest Rate Pass-Through -- 4.4 Exchange Rate Pass-Through -- 4.5 Monetary Transmission Mechanism Assessment: A Vector Autoregressive Framework -- 4.6 Exchange Rate Pass-Through -- References -- 5 Monetary Policy Communication at the National Bank of Rwanda -- 5.1 Introduction -- 5.2 Monetary Communication in National Bank of Rwanda -- 5.2.1 NBR Communication Strategy -- 5.2.2 Monetary Communication Tools 001433877 5058_ $$a5.3 Monitoring the Impact of Monetary Policy Communication -- References -- Appendix to Chapter 1 -- Appendix to Chapter 2 -- Appendix to Chapter 3 -- Appendix to Chapter 4 -- Appendix to Chapter 5 001433877 506__ $$aAccess limited to authorized users. 001433877 520__ $$aThis book analyzes evolution of monetary policy in Rwanda since it was first implemented by the National Bank of Rwanda in 1964 when the bank was established. It contributes to the understanding of monetary policy which is formulation and implementation in different stages of development of a financial system that comprises the financial market (money market and capital market), financial intermediaries such as commercial banks, and the financial sector infrastructures such as payment systems and the credit reference bureau. The book breaks down applied empirical research on the assessment of key assumptions of a monetary targeting framework, namely the stability of money multiplier and money demand using econometrics of time series, through a number of case studies. Presenting a detailed empirical analysis of the monetary transmission mechanism, one of the most analyzed topics in central banks in advanced economies, this book is a valuable read for central bankers and other researchers of monetary policy, particularly in developing economies. 001433877 588__ $$aOnline resource; title from digital title page (viewed on March 15, 2021). 001433877 650_0 $$aMonetary policy$$zRwanda$$xHistory. 001433877 650_6 $$aPolitique monétaire$$zRwanda$$xHistoire. 001433877 651_0 $$aRwanda$$xEconomic policy$$xHistory. 001433877 655_0 $$aElectronic books. 001433877 655_7 $$aHistory.$$2fast$$0(OCoLC)fst01411628 001433877 77608 $$iPrint version:$$aRusuhuzwa, Thomas Kigabo.$$tMonetary Policy in Rwanda.$$dSingapore : Springer Singapore Pte. Limited, ©2021$$z9789813367456 001433877 830_0 $$aFrontiers in African business research. 001433877 852__ $$bebk 001433877 85640 $$3Springer Nature$$uhttps://univsouthin.idm.oclc.org/login?url=https://link.springer.com/10.1007/978-981-33-6746-3$$zOnline Access$$91397441.1 001433877 909CO $$ooai:library.usi.edu:1433877$$pGLOBAL_SET 001433877 980__ $$aBIB 001433877 980__ $$aEBOOK 001433877 982__ $$aEbook 001433877 983__ $$aOnline 001433877 994__ $$a92$$bISE