The Evolution of the Banking System and the Theory of Monetary Policy

Victoria Chick

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Monetary Policy and Economic Impact Banking stability, regulation, efficiency European Monetary and Fiscal Policies

Abstract

Stephen Frowen has set a most difficult task for this book: to predict the scope, method and means of operation of monetary policy in the 1990s. The European Community (EC) faces a most uncertain decade: the 1990s promise the integration of markets and there is much talk of a common currency. What might these developments presage for monetary policy?

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