The new monetary policy : implications and relevance

'. . . this book provides a useful overview of the challenges facing the IT policy framework, both by pointing to the limitations of the underlying theory and, more importantly, by outlining the importance of a transparent policy framework for anchoring expectations. . . the book should be of interest to all central bankers and students of monetary policy.' © Philip Arestis, Michelle Baddeley and John McCombie 2005. All rights reserved.