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Monetary Policy in Central Europe - Miroslav Beblavý

Monetary Policy in Central Europe

Buch | Hardcover
224 Seiten
2007
Routledge (Verlag)
978-0-415-40412-9 (ISBN)
CHF 169,30 inkl. MwSt
Miroslav Beblavý, an experienced policy maker, examines monetary policy and monetary institutions in Eastern European and looks at monetary policy, more generally, in less developed, but highly open and financially integrated market economies.
In this book Miroslav Beblavý, who has been involved in policy-making at the highest level in his country, offers a detailed study of monetary policy and monetary institutions in the Czech Republic, Hungary, Poland and Slovakia during the 1990s and the early 2000s and a more general look at monetary policy in less developed, but highly open and financially integrated market economies.

Taking an innovative approach, this text focuses on a range of areas where few articles or books have been published and where very little empirical research has been undertaken, covers the topics of monetary policy frameworks, institutions inflation in transition and developing economies. As well as these border themes it analyzes specific factors that have significant influence on the conduct or outcomes of monetary policy including:



the transmission mechanism of monetary policy in Central Europe
use of principal types of constraints on policy discretion, such as central bank independence, exchange rate commitments and domestic targets for monetary policy.

This book is a valuable resource for postgraduate students and research working or studying in the areas of development economics, public finance and banking.

Miroslav Beblavy has a Ph.D. in Economics from the University of St Andrews. Between 2002 and 2006 he was the State Secretary of the Ministry of Labour, Social Affairs and Family of the Slovak Republic.

Introduction 1 Monetary policy objectives, frameworks and institutions 2 Review of macroeconomic developments with emphasis on inflation and monetary policy developments 3 Monetary policy transmission mechanism in Central Europe 4 Institutional constraints on policy discretion – central bank independence 5 The role of the exchange rate in monetary policy 6 Domestic targets and their role in monetary policy Conclusion Explaining monetary policy in Central Europe Lessons for the theory of monetary policy in highly open middle-income economies 8 Epilogue: on the road to Eurozone (2002–2006)

Erscheint lt. Verlag 8.2.2007
Reihe/Serie Routledge International Studies in Money and Banking
Zusatzinfo 63 Tables, black and white; 19 Line drawings, black and white; 19 Illustrations, black and white
Verlagsort London
Sprache englisch
Maße 156 x 234 mm
Gewicht 498 g
Themenwelt Wirtschaft Volkswirtschaftslehre Finanzwissenschaft
ISBN-10 0-415-40412-6 / 0415404126
ISBN-13 978-0-415-40412-9 / 9780415404129
Zustand Neuware
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