Credibility Without Rules /

During the last 25 years, monetary practice in most countries has increasingly been characterized by the attempt to achieve credibility of purpose while expanding the freedom of monetary authorities in controlling policy instruments. Thus, the world has moved toward monetary frameworks in which, thr...

Full description

Bibliographic Details
Main Author: Cottarelli, Carlo
Other Authors: Giannini, Curzio
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1997.
Series:Occasional Papers; Occasional Paper ; No. 1997/007
Online Access:Full text available on IMF
LEADER 01656cas a2200253 a 4500
001 AALejournalIMF012206
008 230101c9999 xx r poo 0 0eng d
020 |c 15.00 USD 
020 |z 9781557756442 
022 |a 0251-6365 
040 |a BD-DhAAL  |c BD-DhAAL 
100 1 |a Cottarelli, Carlo. 
245 1 0 |a Credibility Without Rules /  |c Carlo Cottarelli, Curzio Giannini. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1997. 
300 |a 1 online resource (101 pages) 
490 1 |a Occasional Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a During the last 25 years, monetary practice in most countries has increasingly been characterized by the attempt to achieve credibility of purpose while expanding the freedom of monetary authorities in controlling policy instruments. Thus, the world has moved toward monetary frameworks in which, through appropriate institutional devices, a better trade-off between credibility of goals and flexibility of instruments could be achieved. This attempt, surveyed in this paper, has taken many forms, depending on the countries economic, institutional, and cultural specificities. 
538 |a Mode of access: Internet 
700 1 |a Giannini, Curzio. 
830 0 |a Occasional Papers; Occasional Paper ;  |v No. 1997/007 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/books/084/01433-9781557756442-en/01433-9781557756442-en-book.xml  |z IMF e-Library