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Erschienen in:
1984 | OriginalPaper | Buchkapitel
Bank Lending and Monetary Control
verfasst von : C. A. E. Goodhart
Erschienen in: Monetary Theory and Practice
Verlag: Macmillan Education UK
Enthalten in: Professional Book Archive
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During the course of the 1970s the monetary authorities in the UK, as in other countries, moved towards the adoption of publicly announced quantitative targets for monetary growth. Such a publicly stated target was first promulgated in the UK during 1976, but for some few years before then the authorities were setting (private, internal and undisclosed) monetary objectives for themselves.