PPT-Outline Does ‘globalisation’ affect monetary policy?

Unconventional monetary policy UMP small open economy perspective What do we know about deflation A few thoughts on the new central banking paradigm How much does increasing globalisation . Topic 3. What does globalisation mean?. Definition . Globalisation. . is the process by which the world is becoming increasingly interconnected as a result of massively increased trade and cultural exchange. . Steven Barnett. (May 2010). Summary and Outline. Inflation poses a major risk. Too high and rising. Broad-based . Not just meat prices. Also excess demand. Monetary tightening must continue. Control inflation expectations. www.educationforum.co.uk. . What is Globalisation. Globalisation describes the trend of national borders and nation states becoming less important economically, politically and culturally. Economic globalisation is characterised by the growth of massive transnational corporations (TNCs) beyond the control of national governments. Brainstorm 20 words that you associate with Globalisation. Objectives:. To understand the concept of globalisation. To assess the impact of globalisation on differing parties. HW: . The Characteristics of Globalisation. 8 December. 2016. Making. . of. the . Modern. World . Lecture. Julia McClure. J.McClure@Warwick.ac.uk. What is the face of globalization?. Globalization today?. Fast connections: internet, social media. This web quiz may appear as two pages on tablets and laptops.. I recommend that you view it as one page by clicking on the open book icon at the bottom of the page.. 16b – Other Monetary Policy Issues. Definition of globalisation. ‘The ability to produce any goods (or service) anywhere in the world, using raw materials, components, capital and technology from anywhere, sell the resulting output anywhere, and place the profits anywhere.’. Canada’s monetary policy objective and the framework for setting and achieving it. Monetary policy instrument: . overnight interest rate targeting. Monetary policy transmission mechanism. The Bank of Canada’s extraordinary policy actions. Problem. : Recession. . Tools of Expansionary Monetary Policy and usage. :. Reserve . Requirement . – . decrease. . (creates more . excess reserves . that may be loaned out & increases . Balancing Reactivity and Predictability. François . Villeroy. de . Galhau. Jackson Hole . Economic. Symposium. August 27, 2022 . Monetary policy between Art. . & Science. Blinder (1997. ), . What Central Bankers . Macro prudential . Policies: The Role of New Monetary Policy Rules. Dr. Nicholas . Apergis. University of Piraeus. Event: . ADFIMI International Development Forum Meeting. Doha 25/04/2016. Roadmap. ► The new banking environment: idiosyncratic... Web: Larseosvensson.se. A natural experiment. of premature monetary policy normalization. and of the neo-Fisherian view . Revised slides from a presentation at . the ECB Conference on Monetary Policy: Bridging Science and Practice, . 2014 – Session 3. The winners and losers of globalisation. Main Drivers. The drive for a global presence. Economic integration and trade liberalisation have produced an unstoppable movement toward economic globalisation. .