The quest for global monetary policy coordination
This paper puts forward a proposal to help monetary policies confront the challenge of the “normalisation” of money creation and interest rates. The difficult unwinding of years of unorthodox policies put financial stability at risk in major monetary centres and in EMEs. The authors argue that globa...
Main Authors: | , , |
---|---|
Format: | Article |
Language: | English |
Published: |
De Gruyter
2019-12-01
|
Series: | Economics: Journal Articles |
Subjects: | |
Online Access: | https://doi.org/10.5018/economics-ejournal.ja.2019-5 |