01720cas a2200241 a 4500 AALejournalIMF010141 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451925333 1018-5941 BD-DhAAL BD-DhAAL International Monetary Fund. Issues in Interest Rate Management and Liberalization. Washington, D.C. : International Monetary Fund, 1990. 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 This paper discusses the transition strategy from administratively set interest rates to market rates. Despite worldwide trends toward financial liberalization, few monetary authorities are prepared to accept as reasonable any interest rate level that is market-determined. The paper suggests some helpful indicators to assess the adequacy of interest rates. It discusses factors which contribute to a smooth liberalization process. The main conclusion is that interest rate liberalization is not synonymous with laissez-faire policies. It requires, however, the replacement of the administratively set interest rates by indirect monetary management techniques which operate through the market. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1990/012 Full text available on IMF http://elibrary.imf.org/view/journals/001/1990/012/001.1990.issue-012-en.xml IMF e-Library