00858nam a2200109Ia 4500080001800000100003500018245005600053260002800109300001500137520057700152583001900729  a11.02.01 A239  aAlexander, William E...[et al]  aAdoption of indirect instruments of monetary policy  bIMFaWashingtonUSc1995  avii, 67 p.  aExamines the experience of implementing indirect instruments of monetary policy.  Describes the characteristics of direct and indirect instruments and explains the reasons for moving from the former to the latter.  Addresses issues in the reform of monetary policy instruments.  Examines a number of countries that have adopted indirect instruments and reviews both how they did it and the results.  Looks at the implications for the adoption of indirect instruments and discusses the design of IMF-supported stabilization programmes and the need for technical assistance.  c3/7/00kM2LMGR