Series: IMF Working Papers
Author(s): Samir Jahjah
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 December 2001
Keywords: central bank, monetary union, fiscal policy, International Monetary Arrangements and Institutions, National Budget, Deficit, and Debt: General,
The main tasks of central banks are to secure price and financial stability. These objectives can, in times of crises, conflict with one another, and the central bank may have to renounce one of them in order to se...