REFORM OF THE INTERNATIONAL MONETARY SYSTEM : WHY AND HOW?

Part of series: Karl Brunner Distinguished Lecture
Print length: 152 pages
Language: English
Publisher: The MIT Press

Name: REFORM OF THE INTERNATIONAL MONETARY SYSTEM : WHY AND HOW?
SKU: 9780262536752
Availability: InStock

SKU: 9780262536752

Original price was: ₹2,670.00.Current price is: ₹2,456.40.

Explore the urgent need for reform in the international monetary system with John Taylor’s insightful analysis. This essential read for economists and policymakers delves into how current monetary policy decisions, driven by exchange rate concerns, often deviate from optimal strategies for economic stability. Taylor presents a compelling argument for a rules-based reform, grounded in fundamental economic theory, to enhance global economic performance. Through an empirical examination of policy interest rates and balance sheet sizes from 2005-2017, he reveals how international contagion in central bank actions accentuates deviations from effective past policies. Discover how recent monetary actions have increased exchange rate volatility and what it means for future economic health. A must-read for understanding the complexities of today’s global economy.

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Category: Business & Economics Tag: John B. Taylor