Publication
Nov 2008
This policy brief asks whether the global financial crisis has made monetary policy more powerful, or if it has exposed its limitations. The author argues that for the most part, the answer is the former, but that the outlook may not be so rosy. The policy brief also states that until expectations that the worst is over for the world’s economic system have passed, it is unlikely that monetary policy will return to anything that can be characterized as normal.
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English (PDF, 12 pages, 1.0 MB) |
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Author | Pierre L Siklos |
Series | CIGI Policy Briefs |
Issue | 10 |
Publisher | Centre for International Governance Innovation (CIGI) |
Copyright | © 2008 Centre for International Governance Innovation (CIGI) |