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JACKSON, Brian

Le nouveau cadre de la politique monétaire britannique - Paris : IIAP, oct./déc. 1999

The high information which has hit the United Kingdom during the last thirty years can be attributed largely to strategic errors resulting from numerous failings in the conception and carrying-out of monetary policy. The platform of monetary policy has been specifically designed in order to resolve these problems. It is founded upon a better understanding of the real role of monetary policy and starts from the premise that it is necessary to fix precisely both objectives and procedures and to ensure greater transparency. This programme has until now brought about positive results. Since it was put into effect inflation has been moderated, has stablished and neared its objective, the economy is growing solidly and there is an improvement in the employment market

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