Monetary Institutions and Economic Statecraft

Monetary stability is a target that leaders and political regimes of all feathers aim to achieve, particularly in an open economic environment, such as the one that emerged amidst economic globalization. Yet, what is the right balance between market freedom and government regulation necessary to build confidence among market actors who operate at both domestic and transnational levels? The panel brings different methodological approaches, ranging from large-N analyses to case studies, to elucidate the mechanisms that assure adequate statecraft in managing the supply and demand of money and, hence, macroeconomic stability.