The quest for global monetary policy coordination
Abstract: 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 global coordination is crucial to facing this challenge. They propose to convene appropriate official meetings to coordinate in an explicit, formal, and wellcommunicated way the process of normalisation and the discussions on the needed longterm changes in the strategy and institutional setting of monetary policies.
- Standort
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Deutsche Nationalbibliothek Frankfurt am Main
- Umfang
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Online-Ressource
- Sprache
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Englisch
- Erschienen in
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The quest for global monetary policy coordination ; volume:13 ; number:1 ; year:2019 ; extent:17
Economics / Journal articles. Journal articles ; 13, Heft 1 (2019) (gesamt 17)
- Urheber
- DOI
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10.5018/economics-ejournal.ja.2019-5
- URN
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urn:nbn:de:101:1-2412131017323.827019661171
- Rechteinformation
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Open Access; Der Zugriff auf das Objekt ist unbeschränkt möglich.
- Letzte Aktualisierung
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15.08.2025, 07:24 MESZ
Datenpartner
Deutsche Nationalbibliothek. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Beteiligte
- Bruni, Franco
- Serrate, José Siaba
- Villafranca, Antonio