Abstracting and IndexingРИНЦReferativny Zhurnal VINITI RAS Worldcat LCCN Permalink Google Scholar Online availableEastvieweLIBRARY.RU Biblioclub |
Monetary policy and financial instability: peculiarities of links in emerging market countries
Available online: 27 May 2013 Subject Heading: Financial system JEL Classification:
In the article the features of evolution of communication of monetary policy and financial instability in the countries with the being formed markets are considered. On the basis of historical experience of carrying out monetary policy and the analysis of influence of various endogenous and exogenous variables on a condition of a financial system it is found out that the countries of this group face a number of specific macroeconomic problems which need to be considered for maintenance of financial stability. The conclusions are drawn that for neutralization of negative affects which conduct to strengthening of financial instability, regulators have to combine monetary and fiscal policy, and instruments of macro prudential regulation. Keywords: monetary policy, monetary regime, financial instability, crisis, dollarized economy, budget deficit, external debt, capital mobility |
ISSN 2311-8709 (Online)
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