Central Bank Policy Mix: Issues, Challenges, and Policy Responses

Solikin Juhro

Chapter Chapter 2 in Central Bank Policy Mix: Issues, Challenges, and Policy Responses, 2022, pp 17-26 from Springer

Abstract: Abstract In the aftermath of the Global Financial Crisis, conventional economic policies have been considered insufficient in stabilizing the domestic economy. The new global economic conjuncture necessitates a modification in the existing policy framework by enhancing it with other policies; such as macro prudential policy, exchange rate policy, capital flow management, monetary and fiscal policy coordination as well as structural adjustments. This is now referred to as the policy mix.

Keywords: Central bank policy; Policy mix; Global financial crisis; GFC; Policy response (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-16-6827-2_2

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DOI: 10.1007/978-981-16-6827-2_2

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