OPTIMIZATION OF MONETARY CREATION BY LINKING MONETARY POLICIES WITH COMMERCIAL BANKS' STRATEGIES

Abstract

The failure of the economic system by the end of the first decade of the XXI century has extended the fields of research of economists; the most discussed being the problems of the monetary economy, especially the key role of commercial banks versus the central banks' policies in starting and spreading the international financial crisis. The monetary authorities together with academicals researchers have to review the monetary policies and tools, through the impact on financial stability and sustainable economic growth.

Keywords

• monetary creation
• monetary policies
• commercial banks' strategies