Tag: Monetary Policy Tools

Monetary Policy for the Real Economic Sector in Muslim Majority Countries: A Transitional Solution

The paper discusses reforms in monetary policy to reorient it towards serving the needs of real economy. It focuses on reforms that can be introduced in the transitional phase since reconceptualising the whole monetary system with a reformed outlook on nature of currency, mode of currency issue, money creation and credit creation would take much longer time and requires greater political will.

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