Comparison of monetary policy strategies of major central banks

Sibert, Anne (2009) Comparison of monetary policy strategies of major central banks. Other. European Parliament, Brussels.

Abstract

This Report compares the strategy of the ECB with that of eight other central banks, to suggest reforms in its goals, institutional arrangements and monetary instruments. Despite the comparative success of the euro as an international currency, the present financial crisis has uncovered some flaws in the functioning of the ECB that can be put in order by attending to the experience of the ECB and the other eight central banks examined.

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