Quantitative Easing

Language: English

Published by Edinburgh University Press, GB, 2020

1788212215 / 9781788212212

Series: Book 1 of 4 - Finance Matters

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Before the Great Financial Crisis of 2008-09, significant reductions in official interest rates typically proved sufficient to generate sustainable economic recoveries from downturns. However, with economies and financial markets in freefall during the crisis despite a cut in interest rates to effectively zero, policymakers in some advanced economies launched a major new tool called quantitative easing (QE). This involved central banks purchasing huge amounts of financial assets.This book offers a thorough and perspicacious analysis of QE, which has become a recovery method of last resort. Whilst it was successful in averting another Great Depression and stimulating growth, it remains controversial and continues to promote widespread debate in economics, financial, and political-economy circles. This book is essential reading for anyone wishing to understand central banking in the national economy.

Seller Inventory # LU-9781788212212

Title
Quantitative Easing
Author
Jonathan Ashworth
Publisher
Edinburgh University Press, GB
Publication year
2020
Condition
New
Binding
Hardback
Language
English
ISBN 10
1788212215
ISBN 13
9781788212212
Series
Book 1 of 4: Finance Matters

Rarewaves.com USA

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