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The Framework of Monetary Policy in Malta

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  • Grech, Aaron George

Abstract

This paper describes the monetary policy framework of Malta preceding EU accession and its entry in the EMU. It reviews the rationale behind the fixed exchange rate regime that constituted Malta's monetary policy framework and argues that entry in the EMU consolidates this framework and gives additional benefits.

Suggested Citation

  • Grech, Aaron George, 2003. "The Framework of Monetary Policy in Malta," MPRA Paper 33464, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:33464
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    File URL: https://mpra.ub.uni-muenchen.de/33464/1/MPRA_paper_33464.pdf
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    References listed on IDEAS

    as
    1. International Monetary Fund, 1999. "Colombia: Staff Report for the 1999 Article IV Consultation," IMF Staff Country Reports 1999/149, International Monetary Fund.
    2. International Monetary Fund, 1999. "Malta: Staff Report for the 1999 Article IV Consultation," IMF Staff Country Reports 1999/060, International Monetary Fund.
    3. Maurice Obstfeld & Kenneth Rogoff, 1995. "The Mirage of Fixed Exchange Rates," Journal of Economic Perspectives, American Economic Association, vol. 9(4), pages 73-96, Fall.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Aaron G Grech, "undated". "The evolution of the Maltese economy since independence," CBM Working Papers WP/05/2015, Central Bank of Malta.
    2. Aaron G. Grech (ed.), 2015. "The evolution of the Maltese Economy since Independence," CBM Ebooks, Central Bank of Malta, edition 1, number 02.

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    More about this item

    Keywords

    monetary policy;

    JEL classification:

    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy

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