01700cas a2200241 a 4500 AALejournalIMF000562 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451922585 1018-5941 BD-DhAAL BD-DhAAL Hilbers, Paul. Financial Sector Reform and Monetary Policy in the Netherlands / Paul Hilbers. Washington, D.C. : International Monetary Fund, 1998. 1 online resource (29 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Financial sector liberalization, both domestic and in cross-border transactions, was a major force behind the gradual move to indirect controls and the shift toward full reliance on exchange rate targeting in the Netherlands. This paper analyzes the different steps in this process, discusses the main arguments behind the gradual approach, and draws lessons for other countries involved in this process. The paper argues that reforms in the financial sector, liberalization of the capital account, adjustments in supervision and regulation, and modernization of monetary management are strongly interrelated and should be part of a comprehensive reform strategy. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1998/019 Full text available on IMF http://elibrary.imf.org/view/journals/001/1998/019/001.1998.issue-019-en.xml IMF e-Library