Kuwait Chapter of Arabian Journal of Business and Management Review Vol. 1‚ No. 11; July 2012 INFLATION TARGETING AND MONETARY POLICY INSTRUMENTS: EVIDENCE FROM NIGERIAN AND GHANA Osuji Casmir Chinaemerem Department of Accounting‚ Banking & Finance Delta State University‚ Asaba Campus. Delta State Nigeria. & Akujuobi‚ L.E (Ph.D) Department of Financial Management Technology (FMT) School of Management Technology Federal University of Technology‚ Owerri (FUTO) PMB 1526 Owerri‚ Imo State‚ Nigeria ABSTRACT
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MONETARY POLICY TOOLS OF KENYA AND ITS EFFECTIVENESS IN THE RECENT YEARS * INTRODUCTION Kenya‚ officially the Republic of Kenya‚ is a sovereign state in East Africa. Although Kenya is one of the biggest economy in Africa‚ Kenya is still developing with a Human Development Index (HDI) of 0.519 putting the country at a position of 145 out of 186 – one of the lowest in the world and about 38% of Kenyans live in absolute poverty. The most important agriculture sector is one of the least
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Two countries is a beautiful poem by Naomi Shihab Nye. The poem is clearly inspired by the poet’s own life as she is a woman of two worlds: Palestine and America. Nye makes use of an extended metaphor throughout the piece‚ representing herself as skin. This is done in a double entendre sort of way‚ symbolizing a negative connotation in the first stanza and weaving its way into a positive meaning in the last. In the first part of the poem‚ skin is utilized for its description of being the exterior
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CHAPTER 1 MONETARY POLICY INSTRUMENTS- AN INTRODUCTION Money plays a dominant role in the life of human society. It has fashioned and shaped the destiny and fortunes of kings and rulers. With the rise of the philosophy of laissez faire and capitalism‚ money became a motivating force and fuel to all economic activities throughout the world. Money and its management were not unknown to the ancient India. Kautilaya had devoted a part of his famous ‘Arthasastra’ on money
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THE CONDUCT OF MONETARY POLICY IN FIJI: POLICY FORMULATION‚ IMPLEMENTATION AND THE TRANSMISSION MECHANISM Caroline Waqabaca Steve Morling Working Paper 99/01 June 1999 Economics Department Reserve Bank of Fiji Suva Fiji The views expressed herein are those of the authors and do not necessarily reflect those of the Reserve Bank of Fiji. 1 Abstract This paper examines the formulation‚ implementation and transmission of monetary policy in Fiji. Monetary policy is formulated by the Reserve
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ratios and underweight stocks with high PE ratios. This approach does not estimate fundamental value‚ but instead focuses on relative valuation (i.e.‚ low P/E firms are undervalued relative to high P/E firms). What are two advantages and two disadvantages of Quantitative investing? Two advantages of quantitative investing are: 1. Because of its statistical nature‚ it removes much of subjective judgment from the decision making. As a result‚ it removes (or at least reduces) emotions and other cognitive
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DIFFERENCES BETWEEN COUNTRY AND CITY LIVING Do you want to live in country or city? These two options are very dissimilar‚ although in both you can learn a lot. These differences include style of living‚ benefits and social life. The first difference is style of living. In the city‚ the buildings are high and land is scarce and expensive‚ so city people have to build many houses in a small space. Also‚ there are buildings with many houses on top of each other. In contrast‚ in
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Monetary policy and inflation in Thailand By Virinrat Sitithanasart 5445902329 Presented to Mr. Chawaruth Musigchai In fulfillment for the course 2952341 Course: Economics of money and financial markets Bachelor of Art in Economics (EBA) of Chulalongkorn University‚ Bangkok‚ Thailand. Background on monetary policy in Thailand Monetary Policy Transmission Mechanism I investment ‚ Consumption Domestic Monetary policy) M YD P ฿ Export ‚ Import
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What are the main differences between Canada and Your Country? Although Canada and my home country of Iran are similar in some ways‚ they are different in some things which three of them seem to be more dominant: geography and climate‚ size of area‚ and history of country establishment. Each of them could be interesting in their place‚ and attract attention. Even though both countries are located in the north hemisphere‚ there are some differences regarding the geography and climate
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fiscal and monetary policy - comparison Introduction Fiscal policy should not be seen is isolation from monetary policy. For most of the last thirty years‚ the operation of fiscal and monetary policy was in the hands of just one person – the Chancellor of the Exchequer. However the degree of coordination the two policies often left a lot to be desired. Even though the BoE has operational independence that allows it to set interest rates‚ the decisions of the Monetary Policy Committee are
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