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A Política Monetária do BCE. Uma estratégia original para a estabilidade nominal

  • João Sousa Andrade


    (Faculdade de Economia and GEMF, Universidade de Coimbra)

Nesta comunicação procurei mostrar a originalidade da política monetária do Banco Central Europeu (BCE), a dificuldade de uma avaliação conclusiva da sua acção e o contexto teórico da sua intervenção. Também foi feita uma avaliação da sua capacidade de resposta à actual crise, assim como das perspectivas de alterações institucionais que o envolvem. Sempre que desejável foi feita a comparação com o caso norte-americano. É importante realçar que alguns dos fracos resultados que defronta a economia portuguesa não podem ser atribuídos à política monetária. Ao longo da comunicação foram tecidas críticas e sugestões que contribuem para melhorar a actuação do BCE.

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Paper provided by GEMF, Faculty of Economics, University of Coimbra in its series GEMF Working Papers with number 2009-10.

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Length: 31 pages
Date of creation: Sep 2009
Handle: RePEc:gmf:wpaper:2009-10
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