The Bahamas: Selected Issues and Statistical Appendix

International Monetary Fund

No 1999/106, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper and Statistical Appendix summarizes the evolution of monetary institutions in The Bahamas. It discusses the framework in which monetary policy is conducted in the country. Following a brief description of the evolution of institutions, the paper summarizes the monetary policy objectives and constraints of the central bank, and assesses the instruments to achieve these objectives. The paper concludes that the central bank has been able to use interest rate changes, selective credit controls, and moral suasion to achieve its monetary objectives.

Keywords: ISCR; CR; discount rate; foreign currency; private sector; U.S. dollar; prime rate; central bank discounts treasury bills; current account; Currencies; Business enterprises; Commercial banks; Discount rates; Credit; Europe (search for similar items in EconPapers)
Pages: 53
Date: 1999-10-01
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=3228 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:1999/106

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().