Monetary policy

powers are going to be lost. Especially, the problem of the unique currency, the euro, is a huge one the European Union has to deal with. Some countries have accepted it, like, among others, France, some others didn’t, like United Kingdom. The monetary Union (from the European website: europa.eu) The Euro currency is a real symbol of the European building and also a symbol of a common future. As the Union has not finished building yet, the United Kingdom has time to mature its opinion...but, how

Banque de la Réserve Fédérale de New York,t une des composantes du système monétaire américain. C’est donc une source fiable et directe. • Interview de Milton Friedman par Charlie Rose, 2005 • « Monetary Policy. » European Central Bank. Eurosystem. 2 Apr. 2008 . • The Monetary Policy of the European Central Bank. Frankfurt Am Main: Executive Board of the ECB, 2003. • Méon, Pierre-Guillaume. Introduction à Le Macroéconomie. Bruxelles: Presses Universitaires De Bruxelles, 2007. 119-182

lien taux d’intérêt–facilité, facilité-dépôt. ABSTRACT We used the lexicometric analysis in order to analyze the typology of the discourses of the BCE between 2007 and 2012 which has occurred with the financial crisis. We used for that 72 monetary policy decisions over the period 2007-2012.In order to evaluate the impact of those we used 6 index of markets representing each one a Member State of the euro zone on which we carried out an analysis of event with a model of market: CAC 40 (France)

to refrain from weakening their currencies, agreeing to let the markets exert more influence in setting foreign exchange rates. The officials also decided to give fast-growing countries a greater say at the International Monetary Fund, which monitors nations’ fiscal and monetary policies, an acknowledgment that the fund’s credibility required more representation from these nations. They also strengthened the I.M.F.’s role in assessing whether G-20 members were meeting their commitments. The finance

to zero. -Economic and Monetary Community of Central Africa: It is an organization of states of Central Africa established by several countries in order to promote economic integration among countries that share a common currency. Thanks to the globalization, this area allows to: develop capacities to maintain peace, security and stability as essential prerequisites for economic and social development to develop physical, economic and monetary integration to

especially while pursuing a wage deflation policy at home at the same time and thus depressing domestic consumption? Did trade flows from Germany to the euro-area increase more than to the rest of the world (all things equal, e.g. rest of the world exchange rate, income...)? Same question for capital flows. Did German banks finance real estate booms in Ireland and Spain as is sometimes claimed? Gros, Daniel and Alcidi, Cinzia (2010) Fiscal Policy Coordination and Competitiveness Surveillance:

Knowledge The International Monetary Fund (IMF) is an organization of 185 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world. (http://www.imf.org/external/about.htm) The work of the IMF is of three main types. Surveillance involves the monitoring of economic and financial developments, and the provision of policy advice, aimed especially at

so-called curse of oil is through the insulation of fiscal policy from the volatility associated with the price of oil. Moreover, the paper calls attention to the fact that efforts to promote improvements in governance and institutions are equally important, but will not go far if natural resource revenues, and in particular oil revenues, are not used to foster better development outcomes. This suggests that, having formulated economic policy responses, it is essential to work out political trade-offs

démarche dont les anticipations d'inflation sont tournées vers le futur. 5 Poole William, "Monetary Policy Rules", Federal Reserve Bank of St. Louis, Review, March/April, 1999: "A rule is "nothing more than a systematic decision-making process that uses information in a consistent and predictable way." 6 Rudebusch, G. D and Svensson, L. E. 0 « Policy Rules for Inflation Targeting ». ln: Monetary Policy Rules, sous la direction de John B. Taylor, Chicago, University of Chicago Press, 1999, p

are among others the country's economic health, the legislation in force and the cost of production. While it is true that terrorism has significantly impacted the American economy, its impact has been relative. Thanks to the monetary policy of the Federal Reserve and the European Central Bank put in place before the terrorist attacks, the attacks have had a moderate impact on short term. They have facilitated the agreement of consumer credit and have reduced the borrowing requirements