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economy resulting from the 2009 financial crisis. It also assesses the impact of the US economy’s eventual recovery from the …, capital flows and rand/US dollar volatility on the South African economy …Chapter 1 Introduction -- Chapter 2. Heightened foreign policy uncertainty shocks on the South African economy …
Persistent link: https://www.econbiz.de/10012398308
This book explores the role of national fiscal policies in a selected group of Euro-area countries under the European Economic and Monetary Union (EMU). In particular, the authors characterize the response of output to fiscal consolidations and expansions in the small Euro-area open economies...
Persistent link: https://www.econbiz.de/10012397755
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...
Persistent link: https://www.econbiz.de/10012054254
banks play in a modern economy? How do central banks wield influence over the financial system and the broad economy …Introduction -- A Brief History of Central Banks -- Money: Lubricant of the Economy -- Monetary-policy Instruments …
Persistent link: https://www.econbiz.de/10012397081
This book examines the slow growth and other problems experienced by the Eurozone in its early years, and the challenges which it now faces. The authors investigate the operation of monetary and fiscal policy in the Eurozone, the extent of structural reform and the reasons for it, and other topics
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