This paper reflects on the experience of the Federal Reserve Bank (Fed) related to its policy of Quantitative Tightening (QT) and spillover effect on BRICS (Brazil, Russia, India, China, South-Africa) and other selected emerging market economies. We have chosen a sample of countries to examine...

This paper reflects on the experience of the Federal Reserve Bank (Fed) related to its policy of Quantitative Tightening (QT) and spillover effect on BRICS (Brazil, Russia, India, China, South-Africa) and other selected emerging market economies. We have chosen a sample of countries to examine...

We generalize the results of Kuwae–Shioya and Bačák on Mosco convergence established for CAT(0)-spaces to the CAT(1)-setting, so that Mosco convergence implies convergence of resolvents which in turn imply convergence of gradient flows for lower-semicontinuous semi-convex functions. Our...