Discussing the turbulent 1980s and 1990s, which have seen important
developments in the area of money and banking, this book focuses on
the ones that will shape issues in this area as the 21st century
approaches. These are: financial innovations; the EMS and
international monetary systems; certain issues in monetary policy
arising from recent developments in monetry economics, such as
monetary policy in an interdependent world; liquidity constraints
and monetary policy; and monetary problems of developing countries
which emanate from attempts to introduce financial liberalization
types of policies in these countries.
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