This paper attempts to study the importance of both Monetary Policy and Fiscal Policy in the international context. And also to understand the chemistry between Monetary and Fiscal policy and extent to which the coordination can be achieved. In any open economy, Monetary policy is designed, formulated and being conducted by the central Bank, wherein the National Planning or Ministry of Finance of the respective country is responsible for designing, formulating and conducting the Fiscal policy for the nation. This research paper finds that there is a close linkage between Monetary and Fiscal policy and hence the proper coordination leads to addressing today's biggest talk of nation‟s deficit.
Currently there is an abundance of literature available on both Monetary and Fiscal policy. There is also good number of books available containing plethora of information on the subject. This research paper addresses the importance, impact, and issues of Monetary and Fiscal policy in open economy.
CONTENT
1. ABSTRACT
2. INTRODUCTION
3. MONETARY AND FISCAL POLICY - AN OVERVIEW
4. FUNDAMENTALS OF MONETARY AND FISCAL POLICY COORDINATION:
5. LITERATURE REVIEW
6. THEORETICAL FRAMEWORK AND THE METHODOLOGY
a. MONETARY AND FISCAL POLICY GAME DIAGRAM (Nordhaus)
b. HYPOTHESIS BASED ON THE POLICY GAME
7. FURTHER ANALYSIS, RESULTS AND RECOMMENDATIONS
8. CONCLUSION
9. REFERENCES
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Téléchargez vos propres textes! Gagnez de l'argent et un iPhone X. -
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Téléchargez vos propres textes! Gagnez de l'argent et un iPhone X. -
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Téléchargez vos propres textes! Gagnez de l'argent et un iPhone X. -
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Téléchargez vos propres textes! Gagnez de l'argent et un iPhone X. -
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Téléchargez vos propres textes! Gagnez de l'argent et un iPhone X. -
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Téléchargez vos propres textes! Gagnez de l'argent et un iPhone X.