TITLE

FEATURES OF MONETARY POLICY IN THE ACTUAL STAGE OF GLOBALIZATION

AUTHOR(S)
Mihai, Leoveanu Valentin
PUB. DATE
November 2011
SOURCE
International Conference on Economics & Administration Proceedin;Nov2011, p438
SOURCE TYPE
Conference Proceeding
DOC. TYPE
Article
ABSTRACT
Considering the tremendous impact of the global economic crisis, the paper try to underline the difficulties in designing and implementing macroeconomic policies in order to find to find the best combination to maximize the gross domestic product and minimize unemployment. One of some important issues could be the independence of central bank on monetary policy decission-taken. Another one is the analyse of transmission mechanism channels that influence the dynamics of the economy. The last aspect, but not the least important one are the typse of monetary policy in the context of globalization. Studying different types of monetary policy in nowadays condition of globalization is considered to be of great importance regarding the areas such as Europe, USA, emerging countries and, of course, Romania.
ACCESSION #
70695065

 

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