1  BIS Review 56/2000  There is some evidence - although not uncontroversial itself - of the emergence of a new economy in the United States. By contrast, it is difficult as yet to find clear evidence of a new economy in the euro area.
Relationship with the Ministry of Finance In a way, I have answered this question when I mentioned that there is, in the Indian case, a greater de facto rather than de jure autonomy available to the RBI.