TY - BOOK AU - Arestis,Philip (ed) AU - Hein, Eckhard (ed) AU - Heron, Edwin Le (ed) TI - Aspects of modern monetary and macroeconomic policies SN - 0230007937 U1 - 339.53 PY - 2007/// CY - Hampshire PB - Palgrave Macmillan KW - Monetary policy N1 - This book over the last thirty years or so have been quite substantial in the developments in the area of monetary and macroeconomic policies . Within the new consensus macroeconomics (NCM), monetary policy is upgraded while fiscal policy is downgraded. This new monetary policy has been the main instrument of policy under the guise of inflation targeting, an approach pursued by a number of central banks worldwide ER -