Publication
Mar 2014
This paper explores the consequences of major world economies exiting unconventional monetary policies. In view of the challenges raised by this phenomenon, the authors argue in favor of increased central bank cooperation to harmonize the policies that are to be implemented as well as to maintain financial stability. They state that this cooperation is essential in making the global economy more resilient to shocks.
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English (PDF, 12 pages, 2.0 MB) |
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Author | Domenico Lombardi, Pierre Siklos, Samantha St Amand |
Series | CIGI Policy Briefs |
Issue | 35 |
Publisher | Centre for International Governance Innovation (CIGI) |
Copyright | © 2014 Centre for International Governance Innovation (CIGI). This work is licensed under a Creative Commons Attribution-Non-commercial — No Derivatives Licence 3.0 |