Canada's Jenkins on globalization and mon. policy

In a speech on 'Globalization and Public Policy: Lessons from Central Banking' given on 15 November, Paul Jenkins of the Bank of Canada identifies two of the key principles that distinguish a modern, credible monetary policy framework-clarity of objectives and openness and transparency. He sees these two principles as being central in promoting accountability, good governance, and legitimacy with respect to monetary policy.

Jenkins then relates these points to some of the issues that are raised

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