Monetary Policy in Rwanda

1964-Present
1. Auflage 2021
ISBN: 978-981-336-748-7
Verlag: Springer Nature Singapore

Buch, Englisch, 161 Seiten, Format (B × H): 155 mm x 235 mm, Gewicht: 271 g

Reihe: Frontiers in African Business Research

This 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.

Zielgruppe

Research

Autoren/Hrsg.

Rusuhuzwa, Thomas Kigabo

Fachgebiete

• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Geldwirtschaft, Währungspolitik
• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Makroökonomie
• Wirtschaftswissenschaften Volkswirtschaftslehre Internationale Wirtschaft Volkswirtschaften einzelner Länder und Regionen
• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Ökonometrie

Inhaltsverzeichnis

Financial System Development and Monetary Policy.- Evolution of Monetary Policy Implementation in Rwanda.- Development of the Monetary Policy Framework in Rwanda Monetary Transmission Mechanism in Rwanda.- Monetary Policy Communication at the National Bank of Rwanda .- Appendices. 

Über Autor(innen)

Thomas Kigabo Rusuhuzwa is Economist with over 15 years’ expertise in economic policy formulation and implementation both in Rwanda and in the East African Community (EAC). He has extensive experience in economic research and analysis, first as Chief Economist of the National Bank of Rwanda (Central Bank) and then as Researcher and Academic. He is currently Associate Professor at the College of Business, University of Rwanda, and Chief Economist and Director in Charge of monetary policy, research, and statistics at the National Bank of Rwanda.