This study seeks to assess the impact of the monetary policy instruments used by the Bank of Sierra Leone in controlling inflation for the period of 12 years starting from 2010 to 2021. In a bid to address the objectives of the study, the secondary data collected were analyzed using descriptive statistics, correlation analysis and the multiple linear regressions to test the hypothesis of the study. The study discovered that monetary policy rate, exchange rate and money supply are all having a positive and significant impact in controlling inflation in Sierra Leone. The study therefore recommends that the most appropriate solution to inflation in Sierra Leone is supply management, which entails increase in the domestic production of consumer goods to meet the ever-increasing consumer effective demand.
TABLE OF CONTENTS
ACKNOWLEDGEMENT
DEDICATION
LIST OF ABBREVIATIONS
ABSTRACT
CHAPTER ONE
1.0 Introduction
1.1 Background of the Case Study
1.2 Statement of the Problem
1.3 Objectives of the Study
1.4 Research Questions
1.5 Statement of Hypothesis
1.6 Significance of the Study
1.7 Scope of the study
1.8 Delimitation of the Study
1.9 Definition of Terms
1.10 Organization of the Study
1.11 Summary
CHAPTER TWO LITERATURE REVIEW
2.0 Introduction
2.1 Theoretical Literature
2.1.1 The Classical View of Monetary Policy
2.1.2 Keynesian View of Monetary Policy
2.1.3 The Monetarist View of Monetary Policy
2.2 An Overview of Sierra Leone Monetary Policy
2.2.1 Administration of Monetary Policy in Sierra Leone
2.2.2 Objective of the Bank of Sierra Leone (BSL) Monetary Policy
2.2.3 Instrument of Sierra Leone Monetary Policy
2.2.4 Monetary Policy Formulation
2.2.5 Efficiency of Monetary Policy during Inflation
2.2.6 Efficiency of Monetary Policy during Depression
2.2.7 Operation of Monetary Policy
2.2.8 Inflation in Sierra Leone
2.3 Money Supply in the Economy
2.3.1 Causes of Inflation
2.3.2 Types of Inflation
2.3.3 Inflation Rate in Sierra Leone
2.3.4 Monetary Policy as a Control Measure on Inflation in Sierra Leone
2.3.5 Effect of Inflation
2.4 Inflation and Economic Growth
2.4.1 Composite Table of GDP and Inflationary Rates (Billions)
CHAPTER THREE RESEARCH METHODOLOGY
3.0. Introduction
3.1 Research Design
3.2 Population and Sampling and sample size
3.2.1 Population
3.2.2 Sampling
3.2.3 Sample size
3.3 Data Collection Method.
3.4 Data Analysis and Presentation
3.5 Ethical Consideration
3.6 Chapter Summary
CHAPTER FOUR PRESENTATION AND ANALYSIS OF RESULTS
4.0 Introduction
4.1 Presentation of Results
4.2. Correlation Matrix
4.3 Results to Research Questions and Objectives
4.3.1 What has been the causes of inflation in Sierra Leone since 2010 to date?
4.3.2 Has monetary policy been effective in achieving its objectives?
4.3.4 What has been the major monetary policy instruments used to address the problem of inflation?
CHAPTER FIVE SUMMARY, CONCLUSIONS AND RECOMMENDATIONS
5.0 Introduction
5.1 Summary of Findings
5.2 Conclusion
5.3 Recommendations
REFERENCES
APPENDIX - A
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Laden Sie Ihre eigenen Arbeiten hoch! Geld verdienen und iPhone X gewinnen. -
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Laden Sie Ihre eigenen Arbeiten hoch! Geld verdienen und iPhone X gewinnen. -
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Laden Sie Ihre eigenen Arbeiten hoch! Geld verdienen und iPhone X gewinnen. -
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Laden Sie Ihre eigenen Arbeiten hoch! Geld verdienen und iPhone X gewinnen. -
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Laden Sie Ihre eigenen Arbeiten hoch! Geld verdienen und iPhone X gewinnen. -
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Laden Sie Ihre eigenen Arbeiten hoch! Geld verdienen und iPhone X gewinnen. -
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Laden Sie Ihre eigenen Arbeiten hoch! Geld verdienen und iPhone X gewinnen. -
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Laden Sie Ihre eigenen Arbeiten hoch! Geld verdienen und iPhone X gewinnen. -
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Laden Sie Ihre eigenen Arbeiten hoch! Geld verdienen und iPhone X gewinnen. -
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Laden Sie Ihre eigenen Arbeiten hoch! Geld verdienen und iPhone X gewinnen.