Time to Rethink Monetary Policy in Emerging Economies: Touching the Tip of an Iceberg

Il Houng Lee, Kyunghun Kim () and Eun Jung Kang ()
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Il Houng Lee: Korea Institute for International Economic Policy
Kyunghun Kim: Korea Institute for International Economic Policy
Eun Jung Kang: Korea Institute for International Economic Policy

No 16-6, World Economy Brief from Korea Institute for International Economic Policy

Abstract: Emerging economies are struggling to keep their growth momentum alive in the face of waning global demand. Yet, they are partly handicapped by the loss of monetary policy independence and greater exposure to potential capital reversal. Against this background, a comprehensive review of all their policy options are in order, including both macro policy instruments, micro measures, and global safety net aimed at attaining the best possible solution to escaping global recession.

Keywords: Monetary Policy; Emerging Economies (search for similar items in EconPapers)
Pages: 10 pages
Date: 2016-03-08
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Persistent link: https://EconPapers.repec.org/RePEc:ris:kiepwe:2016_006

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