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This paper discusses instruments and operating procedures of the conduct of monetary policy in the major industrial countries. The exchange rate mechanism of the European Monetary System (EMS) provides clear evidence of the role of exchange rates in influencing monetary policy; the commitment of...
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Covid-19 has exacted a tragic human, social, and economic toll on Mexico. Over 85,000 lives were lost; unofficial estimates are notably higher. Of 12 million workers that lost their jobs, most of whom came from the informal sector with a limited safety net, over 4 million remain out of the...
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The striking turnaround in the Netherlands' economic performance over the past decade and a half has attracted …. However, a number of important problems remain to be tackled to further strengthen economic performance in the Netherlands …
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Spain's participation in European integration has strengthened its policymaking credibility and created an enviroment … conducive to sustainable economic growth. Over the last decade, Spain has seen improvements in inflation, output, employment … reviews Spain's past economic performance and sees good prospects for further rises in living standards …
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