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Sudden stops in capital flows and policy options

İsim Sudden stops in capital flows and policy options
Yazar Varlik, Cemil
Konu Budget, Business, Developing countries, Fiscal policy, Monetary policy, Policy sciences, Social sciences, Turkey
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Dil Arapça
Dijital Hayır
Yazma Hayır
Kütüphane: Purdue Üniversitesi Kütüphaneleri
Demirbaş Numarası ISSN: 1309-8012, EISSN: 1309-8012
Kayıt Numarası cdi_proquest_miscellaneous_1355849653
Notlar Sudden stops in capital flows have caused significant output losses in developing countries. Policies to prevent sudden stops and policy responses to them contain measures both at the national and the international level. A controversial debate has been maintained about the question of whether monetary and fiscal policy should be tightened or loosened during a sudden stop. Many empirical studies show that expansionary monetary and fiscal policies may reduce output losses at the time of a sudden stop. But the existence of a relatively strong macroeconomic fundamentals is a precondition to pursue an expansionary policy. Thus, there is no good substitute for improving domestic macroeconomic fundamentals during the boom periods. However, in the face of sudden stops, countries with weaker fundamentals may also alleviate negative effects of sudden stops by appropriate policy measures and/or international supports.
Bir Parçası Olduğu Sosyal ve Beşerî Bilimler Dergisi, 1901-01, Vol.11 (22), p.147-177
Purdue University Libraries Purdue Üniversitesi Kütüphaneleri
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Sudden stops in capital flows and policy options

Yazar Varlik, Cemil
Konu Budget, Business, Developing countries, Fiscal policy, Monetary policy, Policy sciences, Social sciences, Turkey
Tür Süreli Yayın
Dil Arapça
Dijital Hayır
Yazma Hayır
Kütüphane Purdue Üniversitesi Kütüphaneleri
Demirbaş Numarası ISSN: 1309-8012, EISSN: 1309-8012
Kayıt Numarası cdi_proquest_miscellaneous_1355849653
Notlar Sudden stops in capital flows have caused significant output losses in developing countries. Policies to prevent sudden stops and policy responses to them contain measures both at the national and the international level. A controversial debate has been maintained about the question of whether monetary and fiscal policy should be tightened or loosened during a sudden stop. Many empirical studies show that expansionary monetary and fiscal policies may reduce output losses at the time of a sudden stop. But the existence of a relatively strong macroeconomic fundamentals is a precondition to pursue an expansionary policy. Thus, there is no good substitute for improving domestic macroeconomic fundamentals during the boom periods. However, in the face of sudden stops, countries with weaker fundamentals may also alleviate negative effects of sudden stops by appropriate policy measures and/or international supports.
Bir Parçası Olduğu Sosyal ve Beşerî Bilimler Dergisi, 1901-01, Vol.11 (22), p.147-177
Purdue University Libraries
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