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This paper discusses instruments and operating procedures of the conduct of monetary policy in the major industrial countries. The exchange rate mechanism of the European Monetary System (EMS) provides clear evidence of the role of exchange rates in influencing monetary policy; the commitment of...
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"Focuses on the rationale and performance of state-owned financial institutions in emerging markets, as well as on possible government policies for either privatizing or managing them"--Provided by publisher
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This paper examines the role that privatization can play within a wider strategy designed to overcome the problems … associated with public enterprises. For this purpose, privatization is defined as a transfer of ownership and control from the … source of other gains often attributed to privatization, in particular, its favorable budgetary impact. To public enterprises …
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