The cutting edge of recent efforts to reshape monetary policy in many countries has been to impose a price target on the central bank. This paper examines such a policy in light of the Federal Reserve System's experience with money targeting from the late 1970s through the mid 1980s. The...

Competing in the world economy does not automatically boost a nation's productivity and restructure its economy. Such progress requires mobilizing capital, employment, technology and knowledge. Opportunities beyond the business realm must be fully exploited to the benfit of society as a whole....

This report (RE-259) presents the Office of Evaluation and Oversight's evaluation of the Bank's program with Mexico from 1990 to 2000. This evaluation is based on the standard evaluative criteria adopted by the Evaluation Cooperation Group of the multilateral development banks: relevance,...