Sibert, Anne (2007) Globalisation and inflation. Other. Committee on Economic and Monetary Affairs (ECON) of the European Parliament.
Abstract
World-wide inflation has been low and stable over the past decade; this is mainly due to better monetary policy making. • By changing the structure of the world economy, globalisation has changed the inflation transmission mechanism. • Globalisation has changed policy makers’ incentives, probably making it easier for them to commit to low inflation. • The growth of China has changed the structure of the world economy and posed serious challenges for monetary policy makers. But, the impact on inflation has been – and should continue to be – small.
Metadata
| Item Type: | Monograph (Other) |
|---|---|
| School: | Birkbeck Faculties and Schools > Faculty of Business and Law > Birkbeck Business School |
| Depositing User: | Sarah Hall |
| Date Deposited: | 04 Aug 2020 11:25 |
| Last Modified: | 02 Aug 2023 18:01 |
| URI: | https://eprints.bbk.ac.uk/id/eprint/32779 |
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