Asset Purchases and Direct Financing: Guiding Principles for Emerging Markets and Developing Economies during COVID-19 and Beyond

Asset Purchases and Direct Financing: Some Guiding Principles for Emerging Market and Developing Economies during COVID-19 and Beyond
Volume/Issue: Volume 2021 Issue 023
Publication date: October 2021
ISBN: 9781513594101
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Topics covered in this book

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Banks and Banking , Finance , Inflation , Economics- Macroeconomics , Money and Monetary Policy , Asset purchases , Emerging Markets , Direct Financing , Fiscal Dominance , central bank asset , purchase program , government financing pressure , IMF library , overdraft finance , Central bank policy rate , Price stabilization , Central bank balance sheet , Financial statements , Inflation , Global

Summary

Many central banks in emerging market and developing economies have used asset purchases to reduce financial stresses during the COVID crisis, and some are doing so to provide macroeconomic stimulus.