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Beware Teutonic Caution: German Macroprudential Reforms
Oleh:
[s.n]
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
The Economist (http://search.proquest.com/) vol. 403 no. 8783 (May 2012)
,
page 71-73.
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
EE29.71
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
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Isi artikel
The European Central Bank (ECB) decided a year ago to hold this week's monetary-policy meeting in Barcelona, but the timing turned out to be perfect. Spain is in the cross-hairs of the markets, not least because of budgetary overruns by regional governments such as Catalonia's. And the contrasting economic fortunes of beaten-up Spain, where the jobless rate has reached 24%, and resilient Germany, where it is below 6%, exemplify the difficulty of finding the right monetary policy in a currency union of 17 members.
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