Emerging Market Volatility : Lessons from The Taper Tantrum prepared by Ratna Sahay, Vivek Arora, Thanos Arvanitis, Hamid Faruqee, Papa N’Diaye, Tommaso Mancini-Griffoli, published by IMF (9/2014). Accommodative monetary policies in advanced economies have spurred increased capital inflows into…
Asset Purchases and Direct Financing: Guiding Principles for Emerging Markets and Developing Economies during COVID–19 and Beyond by Tobias Adrian, Christopher J. Erceg, Simon T Gray, Ratna Sahay published by IMF (2021). “Many central banks in emerging market and developing economies have…