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- W4386320749 abstract "Monetary policy decisions can impact various socioeconomic layers of an economy profoundly. The timely interventions of central banks that complemented fiscal policy prescriptions rescued developed economies from several economic downturns in the past. However, in the present scenario, the central banks in advanced economies face an unprecedented situation. The skyrocketing inflation and mounting public and private debt posit the likelihood of fiscal and financial dominance, threatening the autonomy of central banks in the future. The economic turbulences the industrialized countries face post Covid-19 demand a thorough re-examination of their central banks’ existing monetary policy framework and official communications with the public." @default.
- W4386320749 created "2023-09-01" @default.
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- W4386320749 date "2023-01-01" @default.
- W4386320749 modified "2023-09-27" @default.
- W4386320749 title "The future of central banking: Perspectives from the advanced economies" @default.
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- W4386320749 doi "https://doi.org/10.1016/b978-0-44-313776-1.00109-4" @default.
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