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IMF Research Bulletin, December 2009
Author:
International Monetary Fund. Research Dept.
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Series:
IMF Research Bulletin
Volume/Issue:
Volume 2009: Issue 004
Language:
English
Publication Date:
01 Mar 2010
DOI:
https://doi.org/10.5089/9781455279517.026
ISBN:
9781455279517
ISSN:
1020-8313
Pages:
14
Keywords:
IRB; staff position note; policy; policies to address banking sector weakness; contagion risk; productivity spillover; Mediterranean quartet; Inflation targeting; Mortgages; Credit; Inflation; Global; Sub-Saharan Africa; Africa
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The views expressed are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Material from this publication may be reprinted with proper attribution.
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This paper examines credit conditions and recoveries from financial crises. The paper highlights that the prospects for recovery from the 2008 global financial crisis appear to be on the horizon. The paper discusses that the question—what determines the path of recovery from a recession associated with a financial crisis—is of utmost importance as policymakers debate how soon to withdraw the extraordinary monetary and fiscal stimulus that were put in place soon after the onset of the crisis. The paper also analyzes inflation targeting in emerging economies.
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Cover IMF Research Bulletin
IMF Research Bulletin
ISSN:
1020-8313
Publisher:
International Monetary Fund