Questionnaire
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Title: Questionnaire

Essay Details:

Subject: Business
Author: Janice F
Date: May 21, 2013
Level: University
Grade: A
Length: 3 / 693

Essay text:

As these capital inflows are predominantly equity rather than debt ,central banks therefore often sterilizes the liquidity resulted from these capital inflows. (b) Fiscal dominance Fiscal dominance and lack of fiscal discipline undermines the investor Confidence , and makes it difficult for the government securities market to emerge. So fiscal dominance may hamper the effectiveness of money market operations. Page 14 POSSIBLE SOLUTIONS ------------------------------- possible solutions could be: 1- Establishing a sound financial relationship between the central bank and government, this relation can be created through curtailing the ability of the government to rely on direct credit from the central bank...

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