Sentence examples for monetary area from inspiring English sources

"We need a more integrated monetary union, because the monetary area that we have now is incomplete.

"In the monetary area and the banking area and some aspects of the legal side, clearly there are issues remaining," the Fund's spokesman, Thomas Dawson, said last week.

This article explains the potential benefits and drawbacks facing such a monetary union.Related items What's in the Journals, May 2006May 30th 2006 What's in the Journals, April 2006Apr 24th 2006There are already three regional unions in Africa the West African Economic and Monetary Union; the Economic and Monetary Community for Central Africa; and the Common Monetary Area.

This paper analyzes experience with monetary policy in Africa, focusing on countries that have participated in rule-based regional monetary agreements (CFA Zone, East African Currency Board and Rand Monetary Area).

It requires the agreement and consent of the continuing UK government, and it is nothing like as clear that, viewed from England, Wales and Northern Ireland, a common monetary area with an independent Scotland is desirable".

Prof David Blanchflower, former external member, Monetary Policy Committee: "Should the people of Scotland choose independence in next year's referendum it would make sense for Scotland to enter a formal monetary union with the rest of the UK with the Bank of England operating as central bank for the common monetary area.

Many intricacies relate to the measurement of output intensity, referring to (a) the unit of measurement (e.g. in mass, energy, calorific value, monetary value per area) and (b) the methodology used to measure output consistently [ 56].

Except in euro-area monetary policy and in trade, most macroeconomic matters are firmly in the hands of national European governments.

(A flash estimate of year-on-year inflation as of February put the rate down to 1.8%.) If ECB policy is this naive, aiming to keep year-on-year inflation at 2% while entirely ignoring recent inflation trends, then it quite simply doesn't deserve to be entrusted with euro-area monetary policy.But the ECB isn't that stupid.

I would argue that the real loss of the conference didn't come, in the end, in the monetary or trade areas.

In sharp contrast to Japan in 2000, the euro area's monetary policy is unusually loose.