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The Quest for Global Monetary Policy Coordination by Bruni, Franco; Siaba Serrate, José; Villafranca, Antonio is a Economics, Econometrics and Finance article available to read on EtoBox.

What is The Quest for Global Monetary Policy Coordination about?

This paper puts forward a proposal to help monetary policies confront the challenge of the "normalisation" of money creation and interest rates. The difficult unwinding of years of unorthodox policies put financial stability at risk in major monetary centres and in EMEs. The authors argue that global coordination is crucial to facing this challenge. They propose to convene appropriate official meetings to coordinate in an explicit, formal, and wellcommunicated way the process of normalisation and the discussions on the needed longterm changes in the strategy and institutional setting of monetary policies.

Who reads The Quest for Global Monetary Policy Coordination?

Author

Bruni, Franco; Siaba Serrate, José; Villafranca, Antonio

Publisher

ZBW - German National Library of Economics; Kiel Institute for the World Economy; Kiel: Kiel Institute for the World Economy; Walter de Gruyter GmbH (ISSN 1864-6042)

Published

2019

Language

EN

Field

Economics, Econometrics and Finance (Social Sciences)