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Within the New Consensus Macroeconomics, monetary policy is upgraded while fiscal policy is downgraded. This new monetary policy has been the main instrument of policy under the guise of inflation targeting, an approach pursued by a number of central banks worldwide. This book raises problems...
Persistent link: https://www.econbiz.de/10012054254
The transformation from a closed and inward-looking economy to an active integration into the European Union is one …
Persistent link: https://www.econbiz.de/10012054280