John B. Taylor, "Reform of the International Monetary System: Why and How? "
English | ISBN: 0262536757 | 2019 | 152 pages | PDF | 1259 KB
An argument that a rules-based reform of the international monetary system, achieved by applying basic economic theory, would improve economic performance.
In this book, the economist John Taylor argues that the apparent correlation of monetary policy decisions among different countries-largely the result of countries' concerns about the exchange rate-causes monetary policy to deviate from effective policies that stabilize inflation and the economy. He argues that a rules-based reform of the international monetary system, achieved by applying basic economic theory, would improve economic performance.
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