01846cas a2200265 a 4500 AALejournalIMF006110 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451873733 1018-5941 BD-DhAAL BD-DhAAL Stone, Mark. Unconventional Central Bank Measures for Emerging Economies / Mark Stone, Etienne Yehoue, Kotaro Ishi. Washington, D.C. : International Monetary Fund, 2009. 1 online resource (42 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Unconventional central bank measures are playing a key policy role for many advanced economies in the 2007-09 global crisis. Are they playing a similar role for emerging economies? Emerging economies have widely used unconventional foreign exchange and domestic short-term liquidity easing measures. Their use of credit easing and quantitative easing measures has been much more limited. Thus, unconventional measures are much less important for emerging economies compared to advanced economies in achieving broader macroeconomic objectives. The difference can be attributed to the relatively limited financial stress in emerging economies, their external vulnerabilities and their limited scope for quasifiscal activities. Mode of access: Internet Ishi, Kotaro. Yehoue, Etienne. IMF Working Papers; Working Paper ; No. 2009/226 Full text available on IMF http://elibrary.imf.org/view/journals/001/2009/226/001.2009.issue-226-en.xml IMF e-Library