ROLE OF DIGITALIZATION IN THE EFFECTIVENESS OF MONETARY POLICY: Evidence from Developing Economies
Issued Date
2026-01-01
Resource Type
Scopus ID
2-s2.0-105034719030
Journal Title
Societal Implications of Fiscal and Monetary Policies does Good Governance Matter
Start Page
109
End Page
124
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SCOPUS
Bibliographic Citation
Societal Implications of Fiscal and Monetary Policies does Good Governance Matter (2026) , 109-124
Suggested Citation
Sinha M., Roy S., Dhar B.K. ROLE OF DIGITALIZATION IN THE EFFECTIVENESS OF MONETARY POLICY: Evidence from Developing Economies. Societal Implications of Fiscal and Monetary Policies does Good Governance Matter (2026) , 109-124. 124. doi:10.4324/9781003620150-9 Retrieved from: https://repository.li.mahidol.ac.th/handle/123456789/116114
Title
ROLE OF DIGITALIZATION IN THE EFFECTIVENESS OF MONETARY POLICY: Evidence from Developing Economies
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Abstract
The study attempts to examine the role of digitalization in the effectiveness of monetary policy in selected developing economies from 2000 to 2019. The existing studies evidence the several advanced dynamics of monetary policy and its impacts in different countries and regions under the digitalization era. In this context, using secondary data from the World Bank (2024) on selected 61 developing economies across the globe, the study employs the dynamic panel GMM (generalized method of moments) estimation technique, and the empirical findings imply a significant impact of digitalization on the relationship between monetary policy and economic growth in developing economies.