السياسة النقدية في ظل نظم الصرف المختلفة : تجارب بعض الدول النامية

الملخص EN

This study aims to examine the impact and the effectiveness of the monetary policy of different exchange rate systems ,whether the fixed or the flexible( floating) ones , and the reflection of that on the macroeconomic varriables , according to the case of the developing countries (Thailand , Chile) .

This study reached that the monetary policy affects the macroeconomic balance of the whole country , yet the nature of this effect differs according to the difference of the exchange rate system followed and the nature of the restrictions imposed on the capital flows movement.