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Just as monetary policy at the strategic level has undergone significant changes over the years, so has its day-to-day implementation. This paper documents the key features of 17 central banks' monetary operating frameworks as of early 2007 and discusses their major developments over the preceding decade. It finds that while some common themes and practices can be identified, there is no unique "best" way to implement monetary policy. Moreover, central banks everywhere - even in industrial economies - have continued to refine their operating frameworks and procedures and to innovate where necessary, responding to changing needs in changing times.
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Implementing monetary policy in the 2000s: operating procedures in Asia and beyond
2008, Bank for International Settlements
Electronic resource
in English
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Book Details
Edition Notes
Title from PDF file (viewed on Oct. 10, 2008).
"June 2008."
"Monetary and Economic Department."
Includes bibliographical references.
Also available in print.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.
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- Created December 4, 2008
- 4 revisions
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December 22, 2020 | Edited by MARC Bot | import existing book |
July 29, 2012 | Edited by VacuumBot | Updated format '[electronic resource] :' to 'Electronic resource' |
December 15, 2009 | Edited by WorkBot | link works |
December 4, 2008 | Created by ImportBot | Imported from Library of Congress MARC record |