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This book makes concrete macroeconomic policy recommendations for Asian economies aimed at minimizing the impacts of an economic and financial downturn, and setting the stage for an early return to sustainable growth. The focus is on short-term measures related to the cycle. The three main areas...
Persistent link: https://www.econbiz.de/10011851544
This paper reviews the effectiveness of unconventional monetary policies and their relevance for emerging markets. Such policies may be useful either when interbank rates fall to zero, or when a credit crunch or rise in risk premium impairs the normal transmission mechanism of monetary policy....
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, Charles Wyplosz) Part II Managing International Capital Flows Ch 3 Rethinking Capital Flows for Emerging East Asia (Stephen … Grenville) -- Ch 4 New Measures of the Trilemma Hypothesis: Implications for Asia (Hiro Ito, Masahiro Kawai) Part III Asian … in Asia: Evidence Using an Asian Currency Unit (Abhijit Sen Gupta) Part IV Regional Financial Cooperation Ch 7 Europe …
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