The Evolution of Theory and Practice of Monetary Policy as a Result of the Global Economic Crisis

Autor: Drobyshevsky, S. M., Pavel Trunin
Předmět:
Zdroj: Publons
Popis: The authors analyze the evolution of global ideas on the optimal monetary policy in the aftermath of the global economic crisis. The authors provide the basic principles of the pre-crisis monetary policy and show that after the crisis, they have not changed fundamentally. It is also argued that some lessons of the global crisis are relevant for the monetary policy of the Bank of Russia, as well as some of the classic principles of effective monetary policy.
Databáze: OpenAIRE