This task is important to the existence of individuals, companies and even countries, and central banks are of course no exception. Globalization and its implications for monetary policy Globalization has had a great impact not only on the central bank's primary objective of price stability itself, but also on the conditions for monetary policy conduct.
And it was in the Netherlands that cities adopted the printing press faster than in most other countries and these Dutch cities went on to accumulate great wealth. This wealth was a necessary underpinning for exploration to Asia. But exploration also required wider access to capital.