An accessible, intuitive account of the basics of monetary policy-making and the evolving role of central banks in the modern economy. Designed to improve public understanding of macroeconomic policy, it describes the critical role central bankers play in the modern economy.
An accessible, intuitive account of the basics of monetary policy-making and the evolving role of central banks in the modern economy. Designed to improve public understanding of macroeconomic policy, it describes the critical role central bankers play in the modern economy.
Professor Jagjit S. Chadha is Director of the National Institute of Economic and Social Research.
Inhaltsangabe
1. Of gold and paper money 2. The great depression and its legacy 3. Fine tuning out of control 4. A science of monetary policy 5. Where the great experiment went wrong 6. A new art of central banking Epilogue 1. Why forecast? Epilogue 2. Monetary policy in troubled times A final word Index.
1. Of gold and paper money 2. The great depression and its legacy 3. Fine tuning out of control 4. A science of monetary policy 5. Where the great experiment went wrong 6. A new art of central banking Epilogue 1. Why forecast? Epilogue 2. Monetary policy in troubled times A final word Index.
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