Abstract
The candour of Gerald Bouey's declaration of faith in monetary targeting, infrequent in public pronouncements of central bankers and decidedly uncharacteristic of governors of the Bank of Canada, serves as a simple reminder of the enthusiasm with which Canadian state officials greeted monetarism. Productivity and economic growth were declining in Canada, while current account deficits and unemployment were both rising and the numbers of days lost to strikes was higher than in any other OECD country.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
