Framework for Preserving Financial Stability in Montenegro

The global financial crisis has challenged the traditional monetary policy framework of one instrument (short-term interest rates) - one objective (price stability). More and more central banks nowadays consider financial stability as a monetary policy objective, whereas the Central Bank of Monteneg...

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Bibliographic Details
Main Authors: Žugić Radoje, Fabris Nikola
Format: Article
Language:English
Published: Sciendo 2014-01-01
Series:Journal of Central Banking Theory and Practice
Subjects:
Online Access:https://doi.org/10.2478/jcbtp-2014-0003