The great escape
Article Abstract:
Several economies have successfully used currency boards as alternatives to central banks as monetary policy agencies, including Hong Kong and Estonia, but some countries want to dismantle their currency boards. Lithuania is one such nation, but its unsettled economy makes currency board reform difficult.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1997
User Contributions:
Comment about this article or add new information about this topic:
Monetary-policy mysteries
Article Abstract:
Central banks wield great power over short-term interest rates, as the International Monetary Fund's Sep 1996 'World Economic Outlook' report acknowledges. However, the report finds that the relationship between monetary policies and long-term economic conditions is complex.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
Monetary smoke signals
Article Abstract:
Different philosophies over money supply and monetary policy guide central banks from country to country. Policies are generally judged to be either too lax or too tight, but the perspectives of broad money as opposed to narrow money advocates consider different criteria.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: The Danes say no. Marchons, uber alles. A strange new pattern of stars: European Community
- Abstracts: The corporate growth puzzle. The shareholder's friend
- Abstracts: Total war: trade. Fear of change: terrorism. The new outlaws: Northern Ireland
- Abstracts: The new merchant prince. Lee Kuan Yew: an apology. Mr Lee's mealtime etiquette
- Abstracts: Stripping down the cycle. Shapely curves: American monetary policy