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Cover image for book Aspects of Modern Monetary and Macroeconomic Policies

Aspects of Modern Monetary and Macroeconomic Policies

By:P. Arestis
Publisher:Springer Nature
Print ISBN:9780230007932
eText ISBN:9780230627345
Edition:0
Copyright:2007
Format:Page Fidelity

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Within the New Consensus Macroeconomics, monetary policy is upgraded while fiscal policy is downgraded. This new monetary policy has been the main instrument of policy under the guise of inflation targeting, an approach pursued by a number of central banks worldwide. This book raises problems relating to this new monetary and macroeconomic policy.