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Le rAle important que joue la demande de monnaie dans la dA(c)finition et la gestion de la politique monA(c)taire a A(c)tA(c) A l''origine de nombreuses recherches tant thA(c)oriques qu''empiriques, surtout dans les pays industrialisA(c)es. Depuis quelques annA(c)es cependant, on observe A(c)galement une A(c)mergence de telles A(c)tudes pour les pays en dA(c)veloppement due aux besoins des banques centrales en matiA]re de politique monA(c)taire aprA]s la libA(c)ralisation de leurs A(c)conomies.

This book analyzes evolution of monetary policy in Rwanda since it was first implemented by the National Bank of Rwanda in 1964 when the bank was established. It contributes to the understanding of monetary policy which is formulation and implementation in different stages of development of a financial system that comprises the financial market (money market and capital market), financial intermediaries such as commercial banks, and the financial sector infrastructures such as payment systems and the credit reference bureau. The book breaks down applied empirical research on the assessment of...