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The Long Road to Countercyclical Monetary Policy in Emerging Market Economies

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  • Brahima Coulibaly

Abstract

During the global financial crisis (GFC) of 2008-09, central banks in both advanced and emerging market economies (EMEs) lowered policy rates to cushion the adverse shock and to spur economic activity.

Suggested Citation

  • Brahima Coulibaly, 2013. "The Long Road to Countercyclical Monetary Policy in Emerging Market Economies," IFDP Notes 2013-12-03-1, Board of Governors of the Federal Reserve System (U.S.).
    • Handle: RePEc:fip:fedgin:2013-12-03-1
    DOI: 10.17016/2573-2129.02
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