L'offre de la monnaie

42618 mots 171 pages
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FINANCE and DEVELOPMENT www.imf.org/fandd March 2009

s o a’ s c ian in sisti sti u Ch i e Al Cr m sSo Dor th t ow Hru G

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Finance & Development is published quarterly in English, Arabic, Chinese, French, Russian, and Spanish by the International Monetary Fund. English edition ISSN 0015-1947
EDITOR-IN-CHIEF Jeremy Clift SENIOR EDITORS Camilla Andersen Archana Kumar James Rowe Simon Willson ASSISTANT EDITORS Maureen Burke Sergio Negrete Cardenas Natalie Ramirez-Djumena CREATIVE DIRECTOR Luisa Menjivar ART EDITOR Lai Oy Louie EDITORIAL ASSISTANTS Lijun Li Kelley McCollum Niccole Braynen-Kimani ———— ADVISORS TO THE EDITOR Bas Bakker Tim Callen Adrienne Cheasty Ana Corbacho Alfredo Cuevas Marcello Estevão Domenico Fanizza James Gordon Thomas Helbling Paul Hilbers Paolo Mauro Gian Maria Milesi-Ferretti Paul Mills Uma Ramakrishnan Subscriber services, Changes of address, and Advertising inquiries IMF Publication Services 700 Nineteenth Street, NW Washington, DC, 20431, USA Telephone: (202) 623-7430 Fax: (202) 623-7201 E-mail: publications@imf.org Postmaster: please send changes of address to Finance & Development, International Monetary Fund, Washington, DC, 20431, USA. Periodicals postage is paid at Washington, DC, and at additional mailing offices. The English edition is printed at United Lithographers Inc., Ashburn, VA. © 2009 by the International Monetary Fund. All rights reserved. Requests for permission to reproduce articles for noncommercial purposes should be sent to the Editor-inChief, Finance & Development International Monetary Fund Washington, DC, 20431, USA Telephone: (202) 623-8300 Fax: (202) 623-6149 Website: www.imf.org/fandd Permission for any commercial purposes may be secured online from the Copyright Clearance Center at its website,

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