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Monetary Policy of Central Banks during Global Financial Crisis

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  • S. Andryushin
  • V. Kuznetsova

Abstract

The paper analyzes different regimes of monetary policy, which central banks realized in normal macroeconomic conditions, summarizes their pluses and minuses. During the global financial crisis central banks had to conduct unconventional measures of monetary policy. Their realization has changed the structure and values of central banks balance sheets that is shown on the example of statistical data of FRS, Bank of England, ECB, Bundesbank, Bank of Japan, Peoples Bank of China.

Suggested Citation

  • S. Andryushin & V. Kuznetsova, 2010. "Monetary Policy of Central Banks during Global Financial Crisis," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 6.
    • Handle: RePEc:nos:voprec:y:2010:id:1036
    DOI: 10.32609/0042-8736-2010-6-69-87
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