The expansion of central bank balance sheets in emerging Asia: what are the risks?

Central bank balance sheets in emerging Asia expanded rapidly over the past decade because of the unprecedented rise in foreign reserve assets. The corresponding expansion of the central banks' liabilities has created dangers - risks of inflation and financial instability and financial market distortions - that require attention.

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Year of publication:	2012
Authors:	Filardo, Andrew ; Yetman, James
Published in:	BIS Quarterly Review. - Bank for International Settlements (BIS). - 2012, June
Publisher:	Bank for International Settlements (BIS)

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Extent:	application/pdf text/html
Type of publication:	Article
Classification:	E58 - Central Banks and Their Policies ; E61 - Policy Objectives; Policy Designs and Consistency; Policy Coordination
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010849702