Streaming Media

Media Type

Keynote Address

Publication Date

11-14-2005

Description

Conduct of monetary policy in emerging market economies is certainly no less challenging than it is in advance economies; it may be argued that it is, in fact, more challenging because of different nature of economic, socio-political and institutional structure of emerging market economies. However, the experience of advance economies in formulating and implementing monetary policy combined with the broad principles of economics and their own experiences provides a natural starting point for the central banks of emerging economies to actively search for improving their monetary regimes.

Notes

Keynote Address at the SBP Conference on Monetary-cum-Exchange Rate Regime held at Karachi on 14 November, 2005

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