Monetary Policy Transmission Mechanisms in Pacific Island Countries photograph

Monetary Policy Transmission Mechanisms In Pacific Island Countries

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Originally published April 2011
Authors Yongzheng Yang
Yiqun Wu
Shengzu Wang
Matt Davies
Mr. Jonathan C. Dunn
Date of Reg.
Date of Upd.
ID2385770
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About Monetary Policy Transmission Mechanisms In Pacific Island Countries


During the global financial crisis, central banks in Pacific island countries eased monetary policy to stimulate economic activity. Judging by the ensuing movements in commercial bank interest rates and private sector credit, monetary policy transmission appears to be weak. . . .

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