The Politics of Monetary Policy
Keywords:
political science, paper currency, hyperinflation, administrative action, manufacture notes, interest rate, gold standard, reserve requirements, money supply, monetary authority, gross domestic product, fiscal policy.Abstract
The Politics of Monetary Policy includes the ways in which political factors, such as elections and party affiliations, can influence monetary policy decisions and how central banks strive to maintain their independence and credibility in the face of political pressures. Monetary policy plays a critical role in shaping a country's economy, and its implementation is inherently intertwined with political considerations.
