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Monetary policy is essential in economic growth and developed process of modern economies, but its role in macroeconomic policy objective is becoming more passive.
Its fundamental role has been streamlined to price stability and in recent times inflation targeting.This has led to a re-think on the efficacy of Monetary policies in tackling the challenges of the 21st century.
This book systematically discusses issues in Monetary policy and how it affect the economy.
Balogun Barnabas Friday obtained his M.sc in Economics from the University of Lagos, Nigeria.
His research interest span such diverse area as Energy Economics, Monetary economics, Economic of Development,and Macroeconomics theory and policy.
He has written a number of papers that revolve around these areas of interest.
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