The errors committed in the monetary policy response post-2009 should help the central bank form a strategic vision with a medium-to-long term action plan for ‘inflation targeting’.
bangkokpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bangkokpost.com Daily Mail and Mail on Sunday newspapers.
By Arvind Subramanian and Josh FelmanPROVIDENCE The West responded to Russia’s invasion of Ukraine with sanctions of unprecedented severity and scope. By the standard of proportionality, the reaction of the United States, the European Union and their allies seems appropriate. Serious international aggression demands a serious response. But by the standards of consistency,
By Arvind Subramanian and Josh FelmanPROVIDENCE The West responded to Russia’s invasion of Ukraine with sanctions of unprecedented severity and scope. By the standard of proportionality, the reaction of the United States, the European Union and their allies seems appropriate. Serious international aggression demands a serious response. But by the standards of consistency,