Unconventional Central Bank Measures for Emerging Economies.

Unconventional Central Bank Measures for Emerging Economies.

Unconventional central bank measures are playing a key policy role for many advanced economies in the 2007-09 global crisis. Are they playing a similar role for emerging economies? Emerging economies have widely used unconventional foreign exchange and domestic short-term liquidity easing measures....

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Bibliographic Details
Main Author: Stone, Mark R.
Other Authors: Yehoue, Etienne B., Ishi, Kotaro
Format: eBook
Language:English
Published: Washington : International Monetary Fund, 2009.
Series:IMF Working Papers.
Subjects:
Monetary policy.
Financial crises.
Financial crises
Monetary policy
Online Access:Click for online access
Description
Summary:Unconventional central bank measures are playing a key policy role for many advanced economies in the 2007-09 global crisis. Are they playing a similar role for emerging economies? Emerging economies have widely used unconventional foreign exchange and domestic short-term liquidity easing measures. Their use of credit easing and quantitative easing measures has been much more limited. Thus, unconventional measures are much less important for emerging economies compared to advanced economies in achieving broader macroeconomic objectives. The difference can be attributed to the relatively limite.
Physical Description:1 online resource (63 pages)
ISBN:9781452716763
1452716765
1451917910
9781451917918
Source of Description, Etc. Note:Print version record.

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