You are looking at 1 - 2 of 2 items for :

  • Finance and accounting x
  • Cross-cutting issues x
  • Macroeconomics x
  • United Kingdom x
  • Price Level; Inflation; Deflation x
  • Monetary Systems; Standards; Regimes; Government and the Monetary System; Payment Systems x
  • Money and Monetary Policy x
  • Western Hemisphere x
  • Macroeconomics and Monetary Economics x
Clear All
Ms. Anita Tuladhar
This paper surveys decision-making roles of governing bodies of central banks that have formally adopted inflation targeting as a monetary framework. Governance practices seek to balance institutional independence needed for monetary policy credibility with accountability required to protect democratic values. Central bank laws usually have price stability as the primary monetary policy objective but seldom require an explicit numerical inflation target. Governments are frequently involved in setting targets, but to ensure operational autonomy, legal provisions explicitly limit government influence in internal policy decision-making processes. Internal governance practices differ considerably with regard to the roles and inter-relationships between the policy, supervisory, and management boards of a central bank.
International Monetary Fund. External Relations Dept.
This paper describes the origin of the IMF, its organization, and its method of working. The IMF has as its aim the economic prosperity of the whole world. The IMF pursues an active program of economic research. For this purpose, it systematically collects and publishes data on international trade, holdings of gold and foreign currencies, national income, price indices, restrictions on international payments, international movements of capital, and so on. All this is part of the background against which discussions of problems of individual members are carried out by the Executive Board.