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The Effects of U.S. Unconventional Monetary Policy on Asia Frontier Developing Economies

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by Sohrab Rafiq
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The Effects of U.S. Unconventional Monetary Policy on Asia Frontier Developing Economies by Sohrab Rafiq

This paper explores the effect of U.S. unconventional monetary policy (QE2) on a group of frontier developing economies (FDEs) in Asia. This paper finds that spillovers emanating from the U.S. on FDEs in Asia have been small. The relative insulation of emerging Asia from the global financial cycle can likely be attributed to the presence of managed capital accounts coupled with shallow financial markets. Should U.S. monetary policy begin to normalize the direct first-round impact on developing Asia is likely to be small.

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Ebook Details
Pages: 30
Size: 2.7 MB
Publisher: INTERNATIONAL MONETARY FUND
Date published:   2015
ISBN: 9781484367988 (DRM-EPUB)

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This product is listed in the following categories:

Nonfiction > Business & Economics > Economics
Nonfiction > Business & Economics > International > Economics
Nonfiction > Business & Economics > Economics > Macroeconomics

This author has products in the following categories:

Nonfiction > Business & Economics
Nonfiction > Business & Economics > Economics
Nonfiction > Business & Economics > International > Economics
Nonfiction > Business & Economics > Economics > Macroeconomics

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03/28/2017
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