Radcliffe Report: monetary policy and debt-management reconciled?

The article discusses the main conclusions of the Radcliffe Report, the first full-scale study of Britain’s monetary system since 1931. The author is especially concerned with debt management and monetary policy that he sees as the primary concern of the Radcliffe Committee members. The main idea, t...

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Main Author: S.I. KATZ
Format: Article
Language:English
Published: Associazione Economia civile 2014-03-01
Series:PSL Quarterly Review
Subjects:
Online Access:https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11929
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author S.I. KATZ
author_facet S.I. KATZ
author_sort S.I. KATZ
collection DOAJ
description The article discusses the main conclusions of the Radcliffe Report, the first full-scale study of Britain’s monetary system since 1931. The author is especially concerned with debt management and monetary policy that he sees as the primary concern of the Radcliffe Committee members. The main idea, that debt management has become the fundamental domestic task of the central bank, is considered in light of the US experience and the principal that debt management should be the exclusive responsibility of the Treasury under US legislative arrangements.   JEL: E42, E52, E58, E62
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spelling doaj.art-2dfcb0891f114426b47aaa71475a65382023-02-03T16:51:10ZengAssociazione Economia civilePSL Quarterly Review2037-36352037-36432014-03-01135310.13133/2037-3643/11929Radcliffe Report: monetary policy and debt-management reconciled?S.I. KATZThe article discusses the main conclusions of the Radcliffe Report, the first full-scale study of Britain’s monetary system since 1931. The author is especially concerned with debt management and monetary policy that he sees as the primary concern of the Radcliffe Committee members. The main idea, that debt management has become the fundamental domestic task of the central bank, is considered in light of the US experience and the principal that debt management should be the exclusive responsibility of the Treasury under US legislative arrangements.   JEL: E42, E52, E58, E62 https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11929Radcliffe ReportEnglish monetary systempolicycentral bankdebt management
spellingShingle S.I. KATZ
Radcliffe Report: monetary policy and debt-management reconciled?
PSL Quarterly Review
Radcliffe Report
English monetary system
policy
central bank
debt management
title Radcliffe Report: monetary policy and debt-management reconciled?
title_full Radcliffe Report: monetary policy and debt-management reconciled?
title_fullStr Radcliffe Report: monetary policy and debt-management reconciled?
title_full_unstemmed Radcliffe Report: monetary policy and debt-management reconciled?
title_short Radcliffe Report: monetary policy and debt-management reconciled?
title_sort radcliffe report monetary policy and debt management reconciled
topic Radcliffe Report
English monetary system
policy
central bank
debt management
url https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/11929
work_keys_str_mv AT sikatz radcliffereportmonetarypolicyanddebtmanagementreconciled