(SP19) The Bid Towards Economic Recovery in the SEACEN Countries by Gerardo S.Tison

The efforts to counteract the impact of recession that hits practically all countries of the world continue to be a formidable task. For the SEACEN countries in particular surmounting recessionary pressures has remained a great challenge. This paper discusses the policy measures adopted by the authorities in the SEACEN countries which aim towards containing recessionary…

(SP14) Monetary Policy Reaction Functions and Sterilization Policies by D.S. Wijesinghe

The paper reviews the literature on the use of the reaction function in analysing the behavior of the monetary authorities in general and sterilization policies in particular. The major works on the reaction function approach to the study of the behavior of monetary authorities are introduced in Section I highlighting the problems associated with this…

Newsletter Subscription