"This book creates a common framework for not only identifying but discussing the key factors in establishing a strong global market and financial system and is a valuable reference for those interested in an in-depth understanding of the financial markets and global finance"--Provided by publisher.

The existing literature on the stabilizing properties of interest-rate feedback rules has stressed the perils of linking interest rates to forecasts of future inflation. Such rules have been found to give rise to aggregate fluctuations due to self-fulfilling expectations. In response to this...