Macroeconomic shocks and unconventional monetary policy : impacts on emerging markets / Naoyuki Yoshino, Pornpinun Chantapacdepong, and Matthias Helble.

First edition.

9780191874628 (electronic book)

Oxford : Oxford University Press, 2019.

English

1 online resource : illustrations.

HC412

339.5095

Barely two decades after the Asian financial crisis Asia was suddenly confronted with multiple challenges originating outside the region: the 2008 global financial crisis, the European debt crisis, and finally developed economies' implementation of unconventional monetary policies. The implementation of quantitative easing, ultra-low interest rate policies, and negative interest rate policies by a number of large central banks has given rise to concerns over financial stability and international capital flows. This book explains how shocks stemming from the global financial crisis have affected macroeconomic and financial stability in emerging Asia.

This edition also issued in print: 2019.
Barely two decades after the Asian financial crisis Asia was suddenly confronted with multiple challenges originating outside the region: the 2008 global financial crisis, the European debt crisis, and finally developed economies' implementation of unconventional monetary policies. The implementation of quantitative easing, ultra-low interest rate policies, and negative interest rate policies by a number of large central banks has given rise to concerns over financial stability and international capital flows. This book explains how shocks stemming from the global financial crisis have affected macroeconomic and financial stability in emerging Asia.

Includes bibliographical references and index.

Access limited to authorized users.

Description based on online resource; title from home page (viewed on July 8, 2019).

Oxford scholarship online.

Print version: 9780198838104

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