Policy instruments: Monetary policy

As a policy instrument, monetary policy is of recent origin, particularly in relation to fiscal policy. It was not until the nineteenth century that the question of monetary policy came to be investigated systematically. It was taken up by theoretical economists and practical experts in connection with the problem of...

FTA beckoning - between a rock and a hard place

Is the trade jinx finally over? A series of commercially-driven activities of late suggest we may be opening new windows. Negotiations with Thailand, a high-powered commercial visit to Cambodia, which is to be reciprocated next year, Indonesia staging its first exhibition in Dhaka, may be just what the doctor ordered...