The paper discusses the background to the European Central Bank's (the ECB's) choice of monetary strategy and goes on to consider in some detail the implications of an inflation targeting strategy in EMU.
The European Central Bank and the prudential regulation of the financial system
โ Scribed by Graham Bishop
- Publisher
- John Wiley and Sons
- Year
- 1998
- Tongue
- English
- Weight
- 191 KB
- Volume
- 3
- Category
- Article
- ISSN
- 1076-9307
No coin nor oath required. For personal study only.
โฆ Synopsis
This paper focuses on a specific aspect of prudential regulation: namely the impact on the stability of the financial system of a deterioration in public finances. This is a separate issue to the need for consumer protection that should be provided by rules for the conduct of business by financial institutions.
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