Issues in Monetary, Financial and Macroeconomic Adjustment Policies
This collection of survey articles sheds light on crucial questions in the field of monetary, financial and macroeconomic policy. * Applies rigorous economic theory and empirical analysis to important practical policy issues. * Considers the role of the financial sector in economic development. * Looks at why financial crises occur and how they can be avoided. * Discusses the relationship between macroeconomic adjustment and poverty. * Asks if low--inflation rate regimes are at risk from the 'zero bound' to nominal interest rates. * Provides accessible overviews of recent research into these questions.