Overview: Key Principles for Policy Making in an Open Economy

Ed Balls and Gus O’Donnell

Chapter 2 in Reforming Britain’s Economic and Financial Policy, 2002, pp 27-43 from Palgrave Macmillan

Abstract: Abstract This chapter, which draws heavily from a lecture given by Ed Balls, Chief Economic Adviser to the Treasury, to the Scottish Economic Society in October 1997, provides an overview of the key principles underpinning the Government’s approach to policy making in an open economy.

Keywords: Monetary Policy; Central Bank; Fiscal Policy; Policy Rule; Macroeconomic Policy (search for similar items in EconPapers)
Date: 2002
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-59983-3_3

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DOI: 10.1057/9780230599833_3

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