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What is Monetary policy

Chapter 18
Handbook of Research on Economic Growth and Technological Change in Latin America
Control of the monetary aggregates and interest rates by the central bank with a view to stabilizing the economy.
Published in Chapter:
Macroeconomic Policy in Cuba: History, Problems, and the Agenda for the Future
Ernesto Hernández-Catá (Independent Researcher, USA)
Copyright: © 2014 |Pages: 13
DOI: 10.4018/978-1-4666-6224-7.ch018
Abstract
This chapter examines the evolution of macroeconomic policies in Cuba during the past 25 years. It analyzes the changes in fiscal policy from its wild gyrations in the early 1990s to the period of stability from 1994 to 2004, and to the crisis of 2008 and its sequel. It then examines the strategy of the Central Bank of Cuba and the tension between its anti-inflationary objective and its obligation to finance a substantial part of the fiscal deficit. It also emphasizes the need for new, modern instruments of monetary control, and the need to equip the central bank to become a lender of last resort. Finally, the chapter discusses the current multiple exchange rate system, its discriminatory nature, and its harmful effects on resource allocation, equity, and the interpretation of statistics.
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Chapter 13
The Economic Component of World Politics and the Main Global Social and Economic Problems
The decisions made by state central banks to change the country's money supply to manage the national economy and control inflation using fiscal policies such as changing the money supply and interest rate.
Published in Chapter: The Economic Component of World Politics and the Main Global Social and Economic Problems; From: World Politics and the Challenges for International Security
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Chapter 2
Early Warning System for Financial Crises
Monetary policy is one of the ways that the U.S. government attempts to control the economy.
Published in Chapter: Early Warning System for Financial Crises; From: Handbook of Research on Financial and Banking Crisis Prediction through Early Warning Systems
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Chapter 20
Monetary and Fiscal Policy Interactions: An Empirical Evidence from Turkey
The central bank’s decisions on the terms (usually short-term interest rates) at which it will lend Money and buy securities to the private financial sector.
Published in Chapter: Monetary and Fiscal Policy Interactions: An Empirical Evidence from Turkey; From: Handbook of Research on Public Finance in Europe and the MENA Region
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Chapter 9
A Discussion on Fiscal Policies Implemented in EU During and After the Great Recession
The action of monetary authority in identifying the size and rate of money supply.
Published in Chapter: A Discussion on Fiscal Policies Implemented in EU During and After the Great Recession; From: Global Challenges in Public Finance and International Relations
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Chapter 1
The Macroeconomic Impacts of E-Business on the Economy
The policy involving a nation’s monetary authority influencing the money supply and the rate of interest. The goals of monetary policy typically include stable prices, moderate interest rates, and full employment.
Published in Chapter: The Macroeconomic Impacts of E-Business on the Economy; From: Encyclopedia of E-Business Development and Management in the Global Economy
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Chapter 15
The Free Market Economy as the Main Guarantee of the State's Socio-Economic Development and Promoting International Cooperation
The decisions made by state central banks to change the country's money supply to manage the national economy and control inflation using fiscal policies such as changing the money supply and interest rate.
Published in Chapter: The Free Market Economy as the Main Guarantee of the State's Socio-Economic Development and Promoting International Cooperation; From: Global Dimensions of Democracy and Human Rights: Problems and Perspectives
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Chapter 14
Stock Market Responses to Monetary and Fiscal Policies: Case Studing China, India, Indonesia, and Malaysia
It refers to the decisions taken to affect the availability and cost of money in order to achieve golas such as economic growth, employment increase and price stability.
Published in Chapter: Stock Market Responses to Monetary and Fiscal Policies: Case Studing China, India, Indonesia, and Malaysia; From: Handbook of Research on Current Trends in Asian Economics, Business, and Administration
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