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The Political Economy of Monetary Institutions (International Organization Special Issues) PDF

233 Pages·2003·0.943 MB·English
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About The Political Economy of Monetary Institutions (International Organization Special Issues)

Recent analysis by political economists of monetary institution determinants in different countries has been limited by the fact that exchange rate regimes and central bank institutions are studied in isolation from each other, without examining how one institution affects the costs and benefits of the other. By contrast, the contributors to this volume analyze the choice of exchange rate regime and level of central bank independence together; the articles (originally published in a special issue of International Organization) constitute a second generation of research on the determinants of monetary institutions. The contributors consider both economic and political factors to explain a country's choice of monetary institutions, and examine the effect of political processes in democracies, including interest group pressure, on the balance between economic and distributional policy.

Detailed Information

Author:William Bernhard, J. Lawrence Broz, William Roberts Clark
Publication Year:2003
ISBN:9781423725527
Pages:233
Language:English
File Size:0.943
Format:PDF
Price:FREE
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