This paper examines the operations of the European Central Bank (ECB) with respect to monetary policy, along with its effects on inflation, exchange rate and financial stability. It also discusses how the regulatory role of the ECB should be improved in the future. In this way, the paper...

In 1964 the government of Kuwait established the Central Tenders Committee (CTC).Its aims were fivefold:1) to control the major areas of government spending on services anddevelopment projects;2) to reduce the expenses of government departments when buying from privatesuppliers and to ensure the...