CHECK THESE SAMPLES OF Monetary Theory and Inflation in the UAE
Instead, it depends on the inflation in the USA, since the USA is free to adjust its monetary policy.... Since the uae dirham is pegged to the US dollar, inflation cannot be controlled by the central bank of UAE as its monetary policy is restrained by the peg.... Finally, United Arab Emirates (uae) will be shortly analyzed and the performance of their central bank will be discussed.... It will be shown that the central bank of uae's focus is on exchange rate and economic stability....
20 Pages
(5000 words)
Research Paper
The role of the central bank evolved over time and the literature in monetary theory points out that central banks work to reduce the impact of economic fluctuations and to minimize volatility in the financial system.... The optimal or most efficient communication strategy for the central bank is related to the process of providing clarity about the target level of inflation.... A paper "Central Bank and monetary Policy" reports that a modern central bank also provides a range of services to commercial banks....
20 Pages
(5000 words)
Research Paper
Price stability dominates the objective of monetary policy that is made specific in legislation.... Objectives of monetary Policy Price stability dominates the objective of monetary policy that is made specific in legislation.... There are conflicts which arise if various actions of monetary policies are driven by various objectives.... The conflicts raise interpretation issues of objectives that are legal where both currency and price stability are specific as objectives of monetary policy....
13 Pages
(3250 words)
Research Paper
Last but not the least, the research study will endeavor to review the performance of the UAE central bank and discussion regarding interest rate as well as exchange rate stability in the uae will be explained in brief.... Apart from this, the main objectives of the central banks operating in the uae region are principally concentrated on issuing currencies, suggesting the government regarding the monetary as well as the financial issues, acting as the last resort lender for the other member banks and likewise, it is held to be responsible for managing the supply of money in the market and ascertain the way an economy operates....
22 Pages
(5500 words)
Research Paper
From the paper, Central banks have a broad variety of responsibilities, from controlling monetary policy to applying definite goals such as financial stability, reduce inflation, and income employment.... he main objective of a central bank is price stability, or in other words, a stable and low rate of inflation.... The Governing Council has also clarified that, in the pursuit of price stability, it aims to maintain inflation rates below, but close to, 2% over the medium term' (The Definition of Price Stability n....
15 Pages
(3750 words)
Research Paper
On one hand, it reduces the real value of wealth in the hands, and on the other, it creates an expectation of inflation in the future and leads to a fall in savings and investments.... This essay "Inflation – Bahrain and the United Arab Emirates" attempts to compare two different Gulf Countries, Bahrain, and uae, with respect to the incidence and impact of inflation.... The country of United Arab Emirates (uae) has witnessed high inflation rates with an estimation of consumers' prices growing at 8 percent in 2005 and 7....
9 Pages
(2250 words)
Essay
And, 58 percent of the total employment is provided by the services sector in the uae, which includes insurance, finance, trade, restaurants, hotels, transport, storage, real estate, insurance and so on.... Financial Sector, Employment and UAE's GDP The service sector in the uae contributes employment to 58 percent of the total workforce (Shihab, 2001).... The Financial Sector of the uae Name University Name Introduction The financial sector of the uae works as the economic backbone of the uae's economy....
7 Pages
(1750 words)
Essay
It discusses the reasons behind unemployment in the uae and what it does to the economy of the UAE.... The reason behind unemployment in the uae is the high population that cannot be met by the available works in the country.... The major sectors of employment in the uae are the oil industries, transportation, and construction sectors.... Only 11% of women in the uae are employed and the rest 89% are not employed.... The economy of the uae is made up of various macroeconomic indicators which play a role in the financial stability of the state....
7 Pages
(1750 words)
Literature review