Similar Search Results

Globalisation of the Interaction between Fiscal and Monetary Policy

Kılınç, Mustafa - 2013

The interaction between fiscal and monetary policies evolves over time and differs from country to country. In this study, we first present the case of Turkey. During the 1990s, the country's fiscal deficits and public debt ballooned. Monetary policy was severely constrained by the resulting...

Persistent link: https://www.econbiz.de/10013088090

Fiscal Policy, Public Debt Management and Government Bond Markets : Issues for Central Banks

Kganyago, Lesetja - 2013

To reinforce the long-term sustainability of public finances, the South African National Treasury has proposed a set of fiscal guidelines informed by three principles, namely: a counter-cyclical fiscal stance, long-term debt sustainability and inter-generational equity. Owing to the sound...

Persistent link: https://www.econbiz.de/10013088093

Fiscal Policy, Public Debt Management and Government Bond Markets : Issues for Central Banks

Settlements, Bank for International - 2013

This paper covers fiscal policy tools that promote sustainability and their influence on monetary policy in Russia, the Bank of Russia's role in public debt management and main features of the domestic currency public debt market. At present Russia's budgetary circumstances are quite favourable,...

Persistent link: https://www.econbiz.de/10013088107

Macro Policies and Public Debt in Chile

Claro, Sebastián - 2013

This note characterises the evolution of Chile's public debt, and discusses its implications for the management of the country's monetary policy. Historically, the main issuer of public debt in Chile was the central bank. The government, in turn, has recently started to engage in a more active...

Persistent link: https://www.econbiz.de/10013088119

Monetary Policy, Fiscal Policy and Public Debt Management

Settlements, Bank for International - 2013

This paper touches on the interaction between monetary policy, fiscal policy and public debt management. The first part looks at public debt sustainability and monetary policy. When measuring the fiscal stance, data such as current fiscal income and expenditure, the scale of public debt, and the...

Persistent link: https://www.econbiz.de/10013088136

Fiscal Policy, Public Debt Management and Government Bond Markets : Issues for Central Banks

Pesce, Miguel Angel - 2013

The global financial crisis showed that both authorities and markets failed to properly assess the size and the evolution of the public debt stock in various economies. In some countries the monetary authorities focused excessively on inflation, without taking into account other key...

Persistent link: https://www.econbiz.de/10013088186

Fiscal Policy, Public Debt and Monetary Policy in EMEs : An Overview

Mohanty, Madhusudan S. - 2013

Persistent link: https://www.econbiz.de/10013088190

Fiscal Policy, Public Debt and Monetary Policy in Emerging Market Economies

Settlements, Bank for International - 2013

Persistent link: https://www.econbiz.de/10013088194

Sovereign Debt Management in India : Interaction with Monetary Policy

Gandhi, R. - 2013

India's expansionary fiscal policy during the recent crisis resulted in higher government borrowing through 2008-09 and … severe challenge for the Reserve Bank of India (RBI) in meeting the public borrowing requirement without causing market … the signalling of monetary policy and its transmission. India's particular dilemma, however, was related to systemic …

Persistent link: https://www.econbiz.de/10013088127

Public Debt and Monetary Policy in Korea

Settlements, Bank for International - 2013

This note reviews Korea’s fiscal policy and public debt management, and discusses some of the constraints that bind the Bank of Korea in its conduct of monetary policy. Fiscal prudence and low public debt in Korea have allowed monetary policymakers to focus on inflation control without...

Persistent link: https://www.econbiz.de/10014161638