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Theory of catallactics, misapplication in monetary policy in developing economies and consequences

Tweneboah Senzu, Emmanuel (2018): Theory of catallactics, misapplication in monetary policy in developing economies and consequences.

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Abstract

The paper strive to solve, a specific macroeconomic error that emerge in the dispensing of the monetary policy by the Central Banks of Africa. As a result unable to address the desired economic growth monetarily, when quality fiscal policy is consolidated. It therefore propound a model assumed to be effective in ensuring a realistic health status of an economy, very friendly to developing countries as a theoretical prospective.

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