TY - BOOK ED - International Monetary Fund. TI - Transformations to Open Market Operations: Developing Countries and Emerging Markets T2 - Economic Issues SN - 1557756279 : SN - 1020-5098 PY - 1997/// CY - Washington, D.C. PB - International Monetary Fund KW - Central Bank KW - imf KW - Government Securities KW - Monetary Policy KW - Open Market Operations KW - Reserve Requirements KW - Brazil KW - Mexico KW - Philippines N2 - Open market operations are the major instruments of monetary control in industrial countries and are becoming important in developing countriesand countries in transition. This paper shows how open market operationsare related to other monetary instruments, discusses the role of the market and of the central bank, and takes a brief, practical look at howopen market operations are actually conducted UR - http://elibrary.imf.org/view/IMF051/15222-9781557756275/15222-9781557756275/15222-9781557756275.xml UR - http://www.imfbookstore.org/IMFORG/9781557756275 ER -