This book provides theoretical underpinnings and critical issues relating to various aspects of monetary theory including the role of money, monetary systems, money supply, demand for money, central banking, monetary policy, and the instruments for its implementation in emerging and developing countries.

�ber die Autorin bzw. den Autor

Joshua Yindenaba Abor is a Financial Economist and Professor of Finance with numerous years of expertise, mainly in development finance and economic research, and is also a member of the Bank of Ghana Monetary Policy Committee.

Peter Quartey is a Professor of Economics with more than two decades of expertise, mainly in development finance, private sector development, monetary and financial sector development with senior-level roles in practitioner, policy, and consulting services.

Joseph G. Nellis is a Professor of Global Economy at the Cranfield School of Management, specialising in macro-economic analysis and policy.

Lakshmy Subramanian is a Lecturer in Financial Economics at the Cranfield School of Management.

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