Lending Credibility: The International Monetary Fund and the Post-Communist Transitionby Randall W. Stone

✍ Scribed by Review by: Richard N. Cooper

• Book ID: 124206953
• Publisher: Council on Foreign Relations
• Year: 2002
• Tongue: English
• Weight: 206 KB
• Volume: 81
• Category: Article
• ISSN: 0015-7120
• DOI: 10.2307/20033369

✦ Synopsis

Recent Books banks own explanations suggest, even though it also urges the ECB to raise modestly its self-imposed inflation ceiling of two percent. And it finds that national fiscal policy in Europe has very little impact on aggregate demand or inflation and thus has become an ineffective in strument for demand management. The last conclusion, however, is based on analysis of the United Kingdom and pre unified Germany, not all of Europe. Lending Credibility. The International Monetary Fund and the Post-Communist Transition. BY RANDALL W. STONE.