01710cas a2200241 a 4500 AALejournalIMF003072 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451854947 1018-5941 BD-DhAAL BD-DhAAL International Monetary Fund. Financial Sector Reforms and Monetary Policy. Washington, D.C. : International Monetary Fund, 1991. 1 online resource (22 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 In recent years a number of countries have undertaken far-reaching reforms of their financial sectors. Generally speaking, financial sector reforms aim at achieving greater flexibility of interest rates, an enhanced role for market forces in credit allocation, increased independence for the central bank, and a deepening of money and securities markets. Such reforms, and the developments that follow, have important implications for the design and conduct of monetary policy. This paper provides an overview of the linkages between financial sector reforms and the monetary policy framework, focusing in particular on the objectives, instruments, and operating procedures of monetary policy. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1991/127 Full text available on IMF http://elibrary.imf.org/view/journals/001/1991/127/001.1991.issue-127-en.xml IMF e-Library