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Academic Journals
- 1,842
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From:OECD Economic Surveys - Belgium-LuxembourgMonetary policy Owing to the Belgium-Luxembourg Economic Union (BLEU), Luxembourg does not have an independent monetary policy. Monetary policy for the BLEU is conducted by the National Bank of Belgium (NBB).(3) Since...
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From:OECD Economic Surveys - CanadaII. Economic policies The strategy The Government's economic strategy, as initially outlined in the November 1984 Agenda for Economic Renewal, has aimed at reversing the deterioration in economic performance since...
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From:OECD Economic Surveys - SwitzerlandTemporary relaxation of monetary policy Monetary targets and actual developments The Swiss National Bank's (SNB) target for the seasonally adjusted monetary base(6) (SAMB) was undershot in 1990 by a substantial...
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From:OECD Economic Surveys - SwitzerlandDecisive action by the Swiss National Bank (SNB) since the outbreak of the crisis has supported financial stability and economic activity. A distinct monetary framework that directly targets the three-month interbank...
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From:OECD Economic Surveys - CanadaThe overall strategy To achieve its overriding policy objective, which is to promote a sustained expansion of output and employment, the Government has continued to stress the importance of low and stable inflation,...
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From:OECD Economic Surveys - JapanBoth monetary and fiscal policies have been expansionary during the past eighteen months. Short-term nominal interest rates have been held close to zero, contributing to a fall in the real value of the yen to its level...
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From:OECD Economic Surveys - JapanMonetary policy has continued to support activity over the past year. Interest rates have remained at historical lows and, with the substantial depreciation of the exchange rate, overall monetary conditions have become...
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From:OECD Economic Surveys - PortugalFor the past three years, Portugal has been successful in meeting ambitious targets for both disinflation and fiscal consolidation. The increasing credibility of a monetary strategy based on exchange-rate stability...
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From:OECD Economic Surveys - AustriaI. The economic policy environment Achievements and outstanding tasks from previous legislature Following a general election in October 1990, the Coalition Government between the Socialist Party and the People's...
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From:OECD Economic Surveys - Japan (Vol. 2008, Issue 4)With the end of quantitative easing in 2006, the Bank of Japan introduced a new monetary policy framework that includes an understanding of price stability as 0 to 2% inflation and raised interest rates from zero to...
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From:OECD Economic Surveys - NorwayThe Norwegian economy has been particularly resilient during the financial crisis with a relatively shallow recession and moderate increase in unemployment. As Norway moves into what is projected to be a strong...
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From:OECD Economic Surveys - PortugalOverview 1993 was characterised by setbacks to monetary and fiscal policy. Fiscal consolidation suffered a severe reverse, as falling output and tax evasion contributed to a deficit overrun of 3 1/2 per cent of GDP....
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From:OECD Economic Surveys - GreeceII. Lax economic policies in 1989 and 1990 Traditionally, macroeconomic policies in Greece are strongly influenced by the electoral cycle, but this has become more pronounced in the 1980s. The 1986-87 Stabilisation...
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From:OECD Economic Surveys - United KingdomII. A new policy regime This Chapter assesses the new policy regime with sterling's entry into the ERM. Against the background of the Medium-Term Financial Strategy (MTFS), it briefly discusses sterling's entry rate...
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From:OECD Economic Surveys - JapanIn contrast to previous periods of policy easing, the current phase of monetary relaxation, which began in mid-1991, has been characterised by a relatively weak response of credit demand to the gradual decline in...
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From:OECD Economic Surveys - GermanyOverview The German economy experienced a broadly-based recovery within the past two years, although activity moderated in the second half of 2000. Economic activity began to gather pace in the second half of 1999 as...
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From:OECD Economic Surveys - DenmarkEconomic policy in 1991 and 1992 has aimed at consolidating earlier price stabilisation gains and at maintaining the current external account in comfortable surplus. The firm commitment to fixed exchange rates in the...
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From:OECD Economic Surveys - NorwayOverview The economic strategy in Norway has had a twofold orientation since the mid-1980s: -- An attachment to stable exchange rates as a means to achieve low inflation, a position which has been reaffirmed despite...
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From:OECD Economic Surveys - AustraliaSound macroeconomic policies have contributed substantially to Australia's impressive economic performance in recent years, as evidenced in particular by the economy's ability to weather the adverse international...
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From:OECD Economic Surveys - Turkey (Vol. 2008, Issue 14)Monetary policy has been one of the main pillars of the post-2001 stabilisation programme. The Central Bank was made an operationally independent institution with a legal mandate to achieve price stability. Fiscal...