In recent years, the appropriate level and structure of interest tates have come to be seen as major issues in connection with stabilization programs undertaken by members. These issues arise from consideration both on the demand side, as interest rates affect the magnitude of aggregate demand, and on the supply side, as they influence the volume and quality of investment and, thus, the growth of output.Research Dept. Interest Rate Policies, Financial Growth, and Economic Growth: Interest Rate Policies, Financial and ... II that a change in interest rate policies can have a quite dramatic impact on the rate of accumulationa#39;of financial assets.
|Title||:||Interest Rate Policies in Developing Countries|
|Author||:||International Monetary Fund. Research Dept|
|Publisher||:||International Monetary Fund - 1983-10-31|