Monetary Policy Implementation and Financial Market Development

08/26/2019 - 08/30/2019 at SARB Academy, Pretoria, South Africa

Many central banks in southern Africa are in the process of modernizing their central banks. Monetary policy regimes are changing and with these changes comes changes in the implementation frameworks as they need to be adapted to the monetary policy regime. However, there is no “one size fits all” implementation framework. Central banks operating the same monetary policy regime have chosen different implementation frameworks. During this seminar you’ll have the opportunity to hear from many of your peers how their respective frameworks are designed, the benefits and challenges they are associated with and what practical and technical requirements they are attached with. In addition, you’ll learn from the IMF recourse persons about various monetary policy regimes and operational frameworks.