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Critical to the effectiveness of monetary policy is the degree to which the monetary authority can exert control over money supply. The implicit assumption is that central banks can control the increase of the money supply, and the money stock is the product of the monetary multiplier and the monetary base....
Critical to the effectiveness of monetary policy is the degree to which the monetary authority can exert control over money supply. The implicit assumption is that central banks can control the increase of the money supply, and the money stock is the product of the monetary multiplier and the monetary base.
The COVID-19 pandemic, which has expanded fast and widely over the world since late 2019, has had far-reaching consequences for food security and nutrition. Through a variety of mechanisms, the growing crisis has impacted food systems and jeopardized people's access to food. We have seen not just a significant interruption in food supply chains as a result of lock-downs induced by the worldwide health crisis, but also a significant global economic downturn....
The COVID-19 pandemic, which has expanded fast and widely over the world since late 2019, has had far-reaching consequences for food security and nutrition. Through a variety of mechanisms, the growing crisis has impacted food systems and jeopardized people's access to food. We have seen not just a significant interruption in food supply chains as a result of lock-downs induced by the worldwide health crisis, but also a significant global economic downturn.
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