How Long to Read Can a Rule-Based Monetary Policy Framework Work in a Developing Country? The Case of Yemen

How Long Does it Take to Read Can a Rule-Based Monetary Policy Framework Work in a Developing Country? The Case of Yemen?

It takes the average reader and 30 minutes to read Can a Rule-Based Monetary Policy Framework Work in a Developing Country? The Case of Yemen by Selim Elekdag

Assuming a reading speed of 250 words per minute. Learn more

Description

Monetary policy in Yemen is largely rudimentary and ad hoc in nature. The Central Bank of Yemen's (CBY) approach has been based on discretionary targeting of broad money without any clear target to anchor inflation expectations. This paper argues in favor of a new formal monetary policy framework for Yemen emphasizing a proactive and rule-based approach with a greater direct focus on price stability in the context of a flexible management of the exchange rate. Although, as in many developing countries, institutional capacity is a concern, adopting a more formal framework could impel the kind of changes that are required to strengthen the ability of the CBY in achieving low and stable rates of inflation over the medium term.

How long is Can a Rule-Based Monetary Policy Framework Work in a Developing Country? The Case of Yemen?

Can a Rule-Based Monetary Policy Framework Work in a Developing Country? The Case of Yemen by Selim Elekdag is 30 pages long, and a total of 7,500 words.

This makes it 10% the length of the average book. It also has 9% more words than the average book.

How Long Does it Take to Read Can a Rule-Based Monetary Policy Framework Work in a Developing Country? The Case of Yemen Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 40 minutes to read Can a Rule-Based Monetary Policy Framework Work in a Developing Country? The Case of Yemen aloud.

What Reading Level is Can a Rule-Based Monetary Policy Framework Work in a Developing Country? The Case of Yemen?

Can a Rule-Based Monetary Policy Framework Work in a Developing Country? The Case of Yemen is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

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