Fr. 166.00

Monetary Policy in Central Europe

English · Hardback

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Informationen zum Autor Miroslav Beblavy has a Ph.D. in Economics from the University of St Andrews. Between 2002 and 2006 he was the State Secretary of the Ministry of Labour, Social Affairs and Family of the Slovak Republic. Klappentext Miroslav Beblavý, an experienced policy maker, examines monetary policy and monetary institutions in Eastern European and looks at monetary policy, more generally, in less developed, but highly open and financially integrated market economies. Zusammenfassung Miroslav Beblavý, an experienced policy maker, examines monetary policy and monetary institutions in Eastern European and looks at monetary policy, more generally, in less developed, but highly open and financially integrated market economies. Inhaltsverzeichnis Introduction 1 Monetary policy objectives, frameworks and institutions 2 Review of macroeconomic developments with emphasis on inflation and monetary policy developments 3 Monetary policy transmission mechanism in Central Europe 4 Institutional constraints on policy discretion – central bank independence 5 The role of the exchange rate in monetary policy 6 Domestic targets and their role in monetary policy Conclusion Explaining monetary policy in Central Europe Lessons for the theory of monetary policy in highly open middle-income economies 8 Epilogue: on the road to Eurozone (2002–2006)

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