01729cas a2200241 a 4500 AALejournalIMF001771 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451859362 1018-5941 BD-DhAAL BD-DhAAL Wagner, Helmut. Implications of Globalization for Monetary Policy / Helmut Wagner. Washington, D.C. : International Monetary Fund, 2001. 1 online resource (62 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper argues that the implications of globalization for monetary policy come mainly through two channels: On the one hand, the many structural changes that are associated with the globalization process cause an increase in the uncertainty surrounding monetary policy. This includes an increase in uncertainty about how to interpret macroeconomic data/indicators and about the monetary transmission mechanism. On the other hand, by strengthening the process of global economic integration, globalization increases international competition, thereby forcing market players to make structural adjustments or reforms that change the conditions or constraints under which monetary policy is implemented. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2001/184 Full text available on IMF http://elibrary.imf.org/view/journals/001/2001/184/001.2001.issue-184-en.xml IMF e-Library