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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
's Bank of China -- The Independence of the Bank of Japan in the Light of Statutory Rules and Central Bank Independence … Risk: The Case of Japan -- The Legality of Outright Monetary Transactions (OMT) of the European System of Central Banks … of exchange rate regimes. Case studies from China, Japan and Indonesia are contrasted with experiences from Europe. . …
Persistent link: https://www.econbiz.de/10014020157
Persistent link: https://www.econbiz.de/10013434493
This book examines the slow growth and other problems experienced by the Eurozone in its early years, and the challenges which it now faces. The authors investigate the operation of monetary and fiscal policy in the Eurozone, the extent of structural reform and the reasons for it, and other topics
Persistent link: https://www.econbiz.de/10012054272