Catallactics misapplication;It crucial role in African underdeveloped Economy

Emmanuel Tweneboah Senzu

MPRA Paper from University Library of Munich, Germany

Abstract: The study and purpose of this paper is to correct the error which emerged from the careless use of imaginary construction on the direct and indirect exchange of the market, by the Central Banks of Africa to dispense their monetary policy. This results in fallacious economic predictions and policy constructions to the future of the market. The latter result is the frustration of the employment of capital and labour for the development of the economy of Africa.

Keywords: Macroeconomics; Monetary Policy; Labour economics; Development Economics (search for similar items in EconPapers)
JEL-codes: E52 E58 E6 E61 (search for similar items in EconPapers)
Date: 2016-06, Revised 2016-08
New Economics Papers: this item is included in nep-mac
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Published in ADDRI Journal ISSN: 2343-6662.25(2016): pp. 1-21

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:74136

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