Scribd Logo
Upload

Welcome to Scribd!

  • 17 views

    Reflection

    Uploaded by

    Jeson Malinao
    Central banks are debating a new era following the 2008 global financial crisis. Some argue central banks focused too much on price stability and not enough on financial vulnerabilities, resulting in high unemployment after the crisis. This has led to discussions of expanding central bank mandates to include growth and employment. While this debate primarily involves advanced economies, central banks in Latin America have also evolved over time in response to changes in the international economic order and external academic debates brought by visiting experts.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Reflection

    Uploaded by

    Jeson Malinao
    17 views1 page
    Central banks are debating a new era following the 2008 global financial crisis. Some argue central banks focused too much on price stability and not enough on financial vulnerabilities, resulting in high unemployment after the crisis. This has led to discussions of expanding central bank mandates to include growth and employment. While this debate primarily involves advanced economies, central banks in Latin America have also evolved over time in response to changes in the international economic order and external academic debates brought by visiting experts.

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Central banks are debating a new era following the 2008 global financial crisis. Some argue central banks focused too much on price stability and not enough on financial vulnerabilities, resulting in high unemployment after the crisis. This has led to discussions of expanding central bank mandates to include growth and employment. While this debate primarily involves advanced economies, central banks in Latin America have also evolved over time in response to changes in the international economic order and external academic debates brought by visiting experts.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    17 views1 page

    Reflection

    Uploaded by

    Jeson Malinao
    Central banks are debating a new era following the 2008 global financial crisis. Some argue central banks focused too much on price stability and not enough on financial vulnerabilities, resulting in high unemployment after the crisis. This has led to discussions of expanding central bank mandates to include growth and employment. While this debate primarily involves advanced economies, central banks in Latin America have also evolved over time in response to changes in the international economic order and external academic debates brought by visiting experts.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    You are on page 1of 1

    VI.

    Reflection:

    The global financial crisis of 2008 and its aftermath have ignited a debate about a new
    era of central banking. The general perception is that, in the run-up to the crisis,
    financial vulnerabilities grew unchecked as central banks were focused on preserving
    price stability—while regulators were regulating financial institutions from an
    idiosyncratic perspective.  In addition, in the aftermath of the financial crisis, there is a
    sense of dissatisfaction with the tepid recovery and the high level of unemployment that
    still prevails in most advanced economies. In response, one of the alternatives
    considered has been to expand the focus of monetary policy to include growth and
    employment to central banks mandates as de facto has been happening since 2009
    through the use of unconventional monetary instruments. Keeping some of the
    unconventional measures in the monetary policy toolkit in the “new normal” has also
    been discussed.

    There are talk about from the other country and to prevent the similar crises for the
    erupting future, so they will represent from the other country they what are does the
    best several advance, and also While this discussion is ongoing primarily in advanced
    economies, should we expect. As discussed in this paper, central banks in Latin
    America evolved over time not only in response to changes in the international
    economic order, but also because of the influence of external academic debates—often
    brought to the region by visiting monetary policy experts. This topic will very affect our
    mind to be looking forward from the future , they give us to study the important matters,
    someday we will given the for our ideas as a financial industry , will be apply the
    common factor the outline of our goals into the future.

    You might also like

    pFad - Phonifier reborn

    Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

    Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


    Alternative Proxies:

    Alternative Proxy

    pFad Proxy

    pFad v3 Proxy

    pFad v4 Proxy