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This paper explores the impact of advanced countries' quantitative easing on emerging market economies (EMEs) and how macroprudential policy and good governance play a role in preventing potential financial vulnerabilities. We used confidential locational bank statistics data from the Bank for...
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in emerging economies. Manuel Agosin (University of Chile) draws a parallel between Korea and Taiwan, showing how the two …. Ricardo Ffrench-Davis (ECLAC) concentrates on Chile's experience with three "positive" financial shocks: in the 1970s, in 1991 …-94, and in 1995-97. Jaime Ros (Notre Dame University) explores contrasting situations in Mexico in 1991-94 and 1996-97, and …
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We analyze the degree to which the growing importance of sovereign wealth funds [SWFs] and the diffusion of inflation targeting and augmented Taylor rules have impacted the post crisis adjustment of Latin American Countries (LATAM) to the challenges associated with terms of trade and financial...
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