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deposit flight from the crisis economies is substituted by central bank credit. Given that this process has brought Deutsche …
Persistent link: https://www.econbiz.de/10013108357
The paper analyses the monetary policy operations of central banks in the Middle East and North Africa (MENA). We distinguish the pattern of monetary policy operations of the liquidity providing central banks of the large industrialized countries (creditor central banks) and the liquidity...
Persistent link: https://www.econbiz.de/10012728772