The purpose of this paper is to examine the relationship between increases in the money supply and inflation in four developing countries (Brazil, Colombia, the Dominican Republic, and Thailand) over the period 1961-74. It is first shown that the growth in the money supply and inflation are...

This study evaluates the role of money, and assesses the conduct of recent monetary policy, in certain Asian countries (Indonesia, Malaysia, Nepal, the Philippines, Singapore, Sri Lanka, and Thailand). The paper focuses on a general comparison of the monetary experiences of these countries,...

This paper addresses analytical aspects of exchange rate policy and emphasizes the relationship among exchange rate flexibility, financial discipline, and international competitiveness.