Archive for monetary policy

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A VIEW FROM BEIJING: The Chinese Inflation Fever (Zhàng Jià, 漲價)

“Pointing the finger at hot money is an excuse. Move off the peg with the dollar”

An interview with Patrick Chovanec, American Professor at Tsinghua Univ.

Lessons from the Japanese long recession

«The effects of fiscal stimulus are likely to be short-lived unless financial system problems are resolved. In particular, without sound capital buffers in the banking system, fiscal stimulus may prove ineffective in generating a sustained recovery on its own, as was the case in Japan.»

A conversation with IMF specialists in Japan’s crisis management