Global dimensions of unconventional monetary policy – an EME perspective by Luiz A. Pereira da Silva submitted in Economic Symbosium (8/2013). “Brazil took preventive measures and got prepared during the construction of the various components of Unconventional Monetary Policy (UMP)…We were used to manage “sudden stops” of capital flows, we had to learn also to manage “sudden floods”. Both types of events pode risks, albeit different, for our macro and financial stability.”
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