Monetary Policy

Iranian vice-president talks about monetary policy

An interview with Dr Mohammad Ali Najafi, vice-president of the Republic of Iran, entitled "Printing bank notes without monetary cover equals the sharp depreciation of the national currency", published by Iranian newspaper 'Hayat-e Now' on 2 November.

SARB gets new power on reserves

The South African parliament has given central bank governor Tito Mboweni anew lever of monetary policy, giving him the right to change the definitionof what type of money commercial banks must hold as reserves.

The Zero Bound in an Open Economy

A very interesting paper by Professor Svensson ( going against the grain oftraditional theories of the cause and solution of Japan's economicdifficulties.

Monetary and Exchange Rate Policies

Book Review: "Monetary and Exchange Rate Policies, EMU and Central and Eastern Europe" by D. Begg, L. Halpern, C. Wyplosz (Forum Report of the Economic Policy Initiative (EPI)), (Centre for Economic Policy Research (CEPR), 1999) 108pp, £25, ISBN…

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