It takes the average reader 3 hours and 53 minutes to read Two Percent Target by David Laidler
Assuming a reading speed of 250 words per minute. Learn more
This book explores the transition from the decades of high & volatile inflation of the 1970s & 1980s to the stable monetary environment of the 1990s and documents the role of monetary policy in bringing about this transition. Part I reviews Canadian monetary policy and its background since the early 1990s, and ends with an overview of the evolution of the debates surrounding monetary policy and inflation. Part II begins with discussion of central banking in general and its development in Canada in particular. It then looks at the economics of monetary policy: what it can & cannot do and how changes in the stance of the central bank work their way through the economy. It ends by discussing how monetary & fiscal policy interact and the nature of democratic control over the central bank. Part III examines the experience of the past decade related to the conduct of monetary policy in the context of international & domestic economic developments. It also details the framework for monetary policy in Canada as well as the major changes in the Bank of Canada's operating procedures since the early 1990s. The final part draws some conclusions from recent Canadian experience with low inflation, assesses alternatives to current monetary policy arrangements, and speculates about directions for such arrangements in the years ahead.
Two Percent Target by David Laidler is 232 pages long, and a total of 58,464 words.
This makes it 78% the length of the average book. It also has 71% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 5 hours and 19 minutes to read Two Percent Target aloud.
Two Percent Target is suitable for students ages 12 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
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