alexa Abstract | I S Monetary Policy Necessary for the Economic Development of Less Developed Countries with Special Reference to Pakistan
ISSN: 2151-6219

Business and Economics Journal
Open Access

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Abstract

In this paper, observed that impact of monetary policy on development of under developing country like Pakistan. For this purpose, we have utilized the OLS model and taken data from 1982 to 2009. Our results are showing that there is negative association between monetary policy and inflation and there is positive association with GDP and Bop. The most effected recommendations are that for better growth there is need of best favorable investment climate for appropriate interest rate, liquidity management and money market.

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Author(s): Rabia Najaf

Keywords

OLS Model, Interest rate, Exchange rate, BOP, Money market, Liquidity management, Accounting Review, International Business, Indexation, Profitability, Time Series, Panel Data, Empirical Analysis, Stock Market Returns, Human Capital, Monetary Policy , Small Firms, Business Cycle, Banking Research Studies, Capital Structure, Economics Studies, Financial plan, Fiscal and tax policies , Avenues of Investment, Wealth Management, Business Theory, Organizational studies, Parameter Estimation

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