| Abstract: | This book is about which monetary institutions and monetary regimes are most likely to promote: price stability. As such it is a welcome addition to the literature on this much debated question, especially because it provides such a lucid account of Kirchner's side of the debate. The questions he explores are important because central banks have become much more significant in recent times. Indeed, momentous changes in political economy, especially in the last decade in the wake of global and domestic financial deregulation, have propelled monetary policy and central banks to a new prominence. |
