How can economic policy at the national and at the EU level contribute to generating a “win-win situation” in which both the investors and the FDI host countries profit from capital flows?
All these sources of uncertainty mean that, when we look back on the way in which monetary policy was formulated in March 1999 from the vantage point of, say, 2002, what seemed like well-founded decisions as we finalised our decision on the Official Cash Rate last week may seem hard to justify.