Financial Sector Reform and Monetary Policy in the Netherlands Paul Louis Hilbers

ISBN: 9781283559508

Published: February 1st 1998

ebook

30 pages


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Financial Sector Reform and Monetary Policy in the Netherlands  by  Paul Louis Hilbers

Financial Sector Reform and Monetary Policy in the Netherlands by Paul Louis Hilbers
February 1st 1998 | ebook | PDF, EPUB, FB2, DjVu, talking book, mp3, RTF | 30 pages | ISBN: 9781283559508 | 7.27 Mb

The Netherlands has a tradition of doing things gradually and by consensus. This not only includes the capturing of land from the sea but also applies to its economic policy (the Polderland model) and monetary policy.2 A clear example of thisMoreThe Netherlands has a tradition of doing things gradually and by consensus.

This not only includes the capturing of land from the sea but also applies to its economic policy (the Polderland model) and monetary policy.2 A clear example of this preference for gradualism has been the transition from direct to indirect monetary controls. During a period of two decades, direct instruments were gradually phased out and monetary policy came to rely more and more on indirect controls, whereas in other countries this process took place within a much shorter period.3



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