This book highlights the basic principles of monetary economics and their application to developing countries. Fully illustrated, the new edition includes four entirely new chapters, with material on financial crises, the debates surrounding inflation targeting, and an examination of the role and future of financial institutions.
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JOSÉ R. SÁNCHEZ-FUNG is Senior Lecturer in Economics at Kingston University, London, UK.; SUBRATA GHATAK is Emeritus Professor of Applied Economics at Kingston University, London, UK.
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