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.

Object Details

• Location: Deutsche Nationalbibliothek Frankfurt am Main
• Extent: Online-Ressource
• Language: Englisch

References and Relationships

• Bibliographic citation: 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)

Contributors, Places and Time

• Creator: Bruni, Franco ; Serrate, José Siaba ; Villafranca, Antonio

Further information

• DOI: 10.5018/economics-ejournal.ja.2019-5
• URN: urn:nbn:de:101:1-2412131017323.827019661171
• Rights: Open Access; Der Zugriff auf das Objekt ist unbeschränkt möglich.
• Last update: 15.08.2025, 7:24 AM CEST