Monetary Policy in Cambodia
August 29, 2011 § 2 Comments
The main economic goal of a country is to obtain a sustainable economic growth which required many factors including a sound and effective government policy. Such policies are monetary policy and fiscal policy which are manipulated to stimulate the economic growth and stabilize macroeconomic activities toward a higher standard of living. There is no such difference in Cambodia from other counties that needs all of these tools especially the monetary policy to guarantee the wellbeing of citizens. Thus, how does the central bank of Cambodia utilize the monetary policy? And how effective is it? These questions will be addressed in this essay as a main objective that I attempt to answer.