Munich Personal RePEc Archive

Catallactics misapplication;It crucial role in African underdeveloped Economy

Tweneboah Senzu, Emmanuel (2016): Catallactics misapplication;It crucial role in African underdeveloped Economy. Published in: ADDRI Journal , Vol. 25, No. ISSN: 2343-6662 (August 2016): pp. 1-21.

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Abstract

The study and purpose of this paper is to correct the error which emerged from the careless use of imaginary construction on the direct and indirect exchange of the market, by the Central Banks of Africa to dispense their monetary policy. This results in fallacious economic predictions and policy constructions to the future of the market. The latter result is the frustration of the employment of capital and labour for the development of the economy of Africa.

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