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Challenges for Central Banking
Luis I. Jacome H.
Mr.Yan Carriere-Swallow
Mr.Hamid Faruqee
Mr.Krishna Srinivasan
其他書名
Perspectives from Latin America
出版
International Monetary Fund
, 2016-10-04
主題
Business & Economics / Banks & Banking
Business & Economics / Money & Monetary Policy
Business & Economics / Foreign Exchange
ISBN
1513591762
9781513591766
URL
http://books.google.com.hk/books?id=NrQaEAAAQBAJ&hl=&source=gbs_api
EBook
SAMPLE
註釋
In the wake of the 2008–09 global financial crisis, central banking and monetary policy in many corners of the world came under intense pressure and entered unchartered waters. The breadth and scale of central bank operations have been modified or expanded in unprecedented and even unimaginable ways given the circumstances. Additionally, a fundamental rethinking of central banking and its policy frameworks has been taking place. This volume reflects a multilateral effort to help close the gap in our knowledge in meeting the critical challenges presented by these significant changes, in particular, those confronting central banks in Latin America. The volume’s first section provides a panoramic overview of the policy progress made to date and the challenges that lie ahead. The related issue of spillovers and monetary independence is taken up more fully in the next section. The final section presents chapters that reexamine macroprudential and monetary policies and policy frameworks from the perspective of central bank staff members from the region.