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The purpose of the mission was to improve the understanding of the conduct of monetary policy in an inflation targeting (IT) central bank. During the September visit, the mission provided capacity building through daily morning seminars, giving an introduction to modern theory of monetary policy...
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The transitional government embarked on an IMF-supported Staff-Monitored Program (SMP) in 2020 to help address major macroeconomic imbalances caused by decades of mismanagement, lay the groundwork for inclusive growth, and establish a track record of sound policies required for eventual HIPC...
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is Japan's saving behavior, the second is the remarkable swing in asset prices that occurred in the late 1980s and early …
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A tripolar international monetary system-centered on the U.S. dollar, the deutsche mark, and the yen - appears to be … emerging. This paper not only assesses the role of the yen as an international currency but also presents a unified theory of …
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