02111cas a2200241 a 4500 AALejournalIMF008078 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451980783 0252-3108 BD-DhAAL BD-DhAAL International Monetary Fund. The Per Jacobsson Lecture 2006 : Competition Policy and Monetary Policy; A Comparative Perspective. Washington, D.C. : International Monetary Fund, 2006. 1 online resource (31 pages) per Jacobson lecture <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 chapter provides a comparative perspective of competition policy and monetary policy. Monetary policy and competition policy are two key components of public policies needed for a market economy to function well, and indeed to exist, just as money and the market are two defining elements of such an economy. According to Mario Monti, monetary policy and competition policy compared is that they both serve in different ways the same objective, or at least they have one objective in common, even though their practitioners may not always realize it, and that is price stability. Monetary policies in most countries have been largely successful in recent periods in achieving their objectives, and in some parts of the world, maybe in Europe specifically, this has been facilitated by a number of positive supply shocks, including the setting in motion of conditions in the real economy of greater flexibility and also the creation of the single market, the tearing down of barriers, and the creation and maintenance of competitive conditions. Mode of access: Internet per Jacobson lecture Full text available on IMF http://elibrary.imf.org/view/books/028/14214-9781451980783-en/14214-9781451980783-en-book.xml IMF e-Library