Zhukova Tatiana
The Role of Credit Expansion in Spain’s Economic Miracle: Aspects of Inflation
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ISSN 2075-1915

This article presents evidence about the impact of monetary policy on soft lending conditions while containing nonmonetary inflation wherein identifying and comparing key monetary indicators with corresponding period, the mechanisms of the extended money supply and the accompanying policies of the exchange rate, interest, state consumption, peculiarities of their application and evolution are examined. It is also continuation of the theme from our previous issue on The Spanish Economic Miracle Formula. The conclusion about applicability of “Spanish active monetary policy lessons” is drawn. 


Keywords: monetary policy |

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