Consider monetary and fiscal policies.

Monetary and financial policies and strategies

13. Monetary and financial policies and strategies

Monetary policies are being fine tuned and aligned.

Most booms are produced by bad monetary and fiscal policies.

CAMBRIDGE The United States current fiscal and monetary policies are unsustainable.

A common currency requires unified and centrally agreed monetary and fiscal policies.

Diametrically opposed spending, tax, monetary, and regulatory policies and proposals are proliferating.

Ninth, QE and other unconventional monetary policies can have serious unintended consequences.

Monetary and fiscal policies cannot be expected to turn this situation around.

(g) International Monetary Fund The relevance of national policies to promote growth

China s monetary and foreign exchange policies are now in a state of limbo.

The loose monetary policies of the early 1990s pushed inflation to hyperinflationary levels.

Until the 1980s, conditionality mainly focused on monetary, fiscal and exchange rate policies.

The National Housing Policy will be coordinated with other development policies, e.g., population, employment, social welfare, fiscal and monetary policies.

Another variable is how much easier monetary policies in other developed countries will become.

The regional economy would benefit from closer coordination of exchange rate and monetary policies.

A recent mission of the International Monetary Fund described maturing economic institutions and policies.

The franc zone s plight is being compounded by distorted and dysfunctional economic and monetary policies.

As prudent fiscal and financial policies gradually stabilize China s economy, monetary policy must remain neutral.

It will demand global coordination of monetary policies, and some form of global economic governance.

The Great Depression was intensified by poor monetary policy, tax hikes, and protectionist trade policies.

2000 Financial programming and policies, International Monetary Fund Institute, United States of America (2 months)

Global interdependence the international trading, monetary and financial systems international implications of macroeconomic policies 10.6

7. GLOBAL INTERDEPENDENCE THE INTERNATIONAL TRADING, MONETARY AND FINANCIAL SYSTEMS INTERNATIONAL IMPLICATIONS OF MACROECONOMIC POLICIES

A number of speakers called for a better coordination in monetary policies in developed countries.

They understood that democratic countries would need the space to conduct independent monetary and fiscal policies.

Inflation is too stubborn to be tackled without a coordinated set of fiscal and monetary policies.

In many advanced economies, both monetary and fiscal policies have reached the limits of their effectiveness.

Finally, there is a risk of losing sight of any road back to conventional monetary policies.

Macroeconomic balance and prudent fiscal and monetary policies were a necessary but not a sufficient condition.

Subprogramme 7. Global interdependence the international trading, monetary and financial systems international implications of macroeconomic policies

SUBPROGRAMME 7. GLOBAL INTERDEPENDENCE THE INTERNATIONAL TRADING, MONETARY AND FINANCIAL SYSTEMS INTERNATIONAL IMPLICATIONS OF MACROECONOMIC POLICIES

Unemployment in the US is high, while fiscal and monetary policies have been stretched to their limits.

We get our monetary and fiscal policies right the same way that birds build their nests right.

But they paid a high price, and fiscal responsibility and conservative monetary policies are now the fashion.

Our stable macro economic situation is the outcome of a mix of prudent monetary and fiscal policies.

Relaxed monetary policies have been pursued in North America and Japan in order to boost economic growth.

POST REQUIREMENTS Programme Global interdependence the international trading, monetary and financial systems international implications of macroeconomic policies

Confronted with immediate fiscal and monetary problems, most developing countries are constrained to implement structural adjustment policies.

The second would mean giving up on monetary union in order to be able to deploy national monetary and fiscal policies in the service of longer term recovery.

Macroeconomic policies should be balanced, pragmatic and non ideological, and unemployment levels needed to be taken into account in the design of monetary and fiscal policies.

The usefulness of activist monetary and fiscal policies became widely accepted in the aftermath of the Great Depression.

Indeed, delegating national monetary policies to a Europe wide central bank was intended to solve precisely this problem.

Finally, there is the relationship between oil prices and fiscal and monetary policies in the oil consuming countries.