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21 Adapting Central Banking to a Changing Environment

21 Adapting Central Banking to a Changing Environment »

Source: Frameworks for Monetary Stability : Policy Issues and Country Experiences

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 December 1994

ISBN: 9781557754196

Keywords: central bank, monetary policy, interest, inflation, payments

The debate about central banking, which is as old as central banks themselves, has been given fresh impetus by a number of recent developments. In Europe, an unprecedented project to set up a supranational c...

Australia
			: Benefiting from Economic Reforms

Australia : Benefiting from Economic Reforms »

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 November 1998

DOI: http://dx.doi.org/10.5089/9781557757326.071

ISBN: 9781557757326

Keywords: inflation, unemployment, monetary policy, employment, current account deficit

Australia's recent economic performance has been impressive. It has experienced steady growth since the early 1990s and inflation has averaged just 2 percent over the same period. This strong showing marks a depart...

2 Australia’s Long-Term Economic Performance

2 Australia’s Long-Term Economic Performance »

Source: Australia : Benefiting from Economic Reforms

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 November 1998

ISBN: 9781557757326

Keywords: inflation, unemployment, monetary policy, employment, current account deficit

For much of the postwar era, Australia’s economic performance has been relatively disappointing. From the 1960s through the 1980s, per capita growth rates were significantly lower than those of other industr...

Front Matter

Front Matter »

Source: Australia : Benefiting from Economic Reforms

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 November 1998

ISBN: 9781557757326

Keywords: inflation, unemployment, monetary policy, employment, current account deficit

Australia's recent economic performance has been impressive. It has experienced steady growth since the early 1990s and inflation has averaged just 2 percent over the same period. This strong showing marks a depart...

11 Background Paper: A Reexamination of Indicators of Monetary and Financial Conditions

11 Background Paper: A Reexamination of Indicators of Monetary and Financial Conditions »

Source: Structural Change in Japan : Macroeconomic Impact and Policy Challenges

Series: Books

Author(s): Tamim Bayoumi , Guy Meredith , and Bijan Aghevli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 June 1998

ISBN: 9781557756961

Keywords: fdi, exchange rate, inflation, monetary policy, real exchange rate

To assess quantitatively the impact of changes in financial conditions on aggregate demand in recent years, this chapter discusses extensions to the staff’s past analysis of the monetary conditions index (MC...

15 Background Paper: Japan’s Medium- and Long-Term Fiscal Challenges

15 Background Paper: Japan’s Medium- and Long-Term Fiscal Challenges »

Source: Structural Change in Japan : Macroeconomic Impact and Policy Challenges

Series: Books

Author(s): Tamim Bayoumi , Guy Meredith , and Bijan Aghevli

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 June 1998

ISBN: 9781557756961

Keywords: fdi, exchange rate, inflation, monetary policy, real exchange rate

Reflecting weak activity and countercyclical measures, Japan’s fiscal position severely deteriorated during 1992-96, entirely reversing the consolidation effort in the 1980s. As Japan’s fiscal situation face...

Background Papers

Background Papers »

Source: The Evolving Role of Central Banks

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1991

ISBN: 9781557751850

Keywords: central bank, banking, monetary policy, national bank, inflation

...

12 Bringing Inflation Under Control

12 Bringing Inflation Under Control »

Source: Post-Apartheid South Africa : The First Ten Years

Series: Books

Author(s): M. Nowak , and Luca Ricci

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 January 2006

ISBN: 9781589064706

Keywords: inflation, hiv/aids, monetary policy, unemployment, exchange rate

Amounting body of theoretical and empirical evidence has built up in recent years suggesting that high inflation has a negative effect on economic performance and poverty. Typically, the argument that perfor...

25 Central Bank Independence and Central Bank Functions

25 Central Bank Independence and Central Bank Functions »

Source: The Evolving Role of Central Banks

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1991

ISBN: 9781557751850

Keywords: central bank, banking, monetary policy, national bank, inflation

During the 1970s and 1980s, important changes were made in the way a number of countries operated and presented monetary policy. A major reason for such changes appe...

11 Central Bank Independence in Austria

11 Central Bank Independence in Austria »

Source: The Evolving Role of Central Banks

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1991

ISBN: 9781557751850

Keywords: central bank, banking, monetary policy, national bank, inflation

I would like to discuss the evolution of central bank independence in Austria and how it functions today. I shall first give a short history as background and then describe the pres...