01656cas a2200253 a 4500 AALejournalIMF012206 230101c9999 xx r poo 0 0eng d 15.00 USD 9781557756442 0251-6365 BD-DhAAL BD-DhAAL Cottarelli, Carlo. Credibility Without Rules / Carlo Cottarelli, Curzio Giannini. Washington, D.C. : International Monetary Fund, 1997. 1 online resource (101 pages) Occasional 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 During the last 25 years, monetary practice in most countries has increasingly been characterized by the attempt to achieve credibility of purpose while expanding the freedom of monetary authorities in controlling policy instruments. Thus, the world has moved toward monetary frameworks in which, through appropriate institutional devices, a better trade-off between credibility of goals and flexibility of instruments could be achieved. This attempt, surveyed in this paper, has taken many forms, depending on the countries economic, institutional, and cultural specificities. Mode of access: Internet Giannini, Curzio. Occasional Papers; Occasional Paper ; No. 1997/007 Full text available on IMF http://elibrary.imf.org/view/books/084/01433-9781557756442-en/01433-9781557756442-en-book.xml IMF e-Library