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161223 ||| eng |
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|a 9781498308748
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245 |
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|a Asean-5 Cluster Report
|b Evolution of Monetary Policy Frameworks
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260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2016
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300 |
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|a 58 pages
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651 |
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4 |
|a Indonesia
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653 |
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|a Monetary economics
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653 |
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|a Banking
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653 |
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|a Monetary policy
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653 |
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|a Long-term Capital Movements
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653 |
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|a Capital inflows
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653 |
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|a Banks and Banking
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653 |
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|a Monetary Policy
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653 |
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|a International Investment
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653 |
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|a Money and Monetary Policy
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653 |
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|a Capital movements
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653 |
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|a Exchange rates
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653 |
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|a International economics
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653 |
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|a Interest Rates: Determination, Term Structure, and Effects
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653 |
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|a Foreign exchange
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653 |
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|a Interest rates
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653 |
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|a Balance of payments
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|a Central bank policy rate
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|a Exchange rate flexibility
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653 |
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|a Foreign Exchange
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653 |
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|a Exports and Imports
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|a Monetary policy frameworks
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|a Currency
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710 |
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|a International Monetary Fund
|b Asia and Pacific Dept
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|a eng
|2 ISO 639-2
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|b IMF
|a International Monetary Fund
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|a IMF Staff Country Reports
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|a 10.5089/9781498308748.002
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856 |
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|u https://elibrary.imf.org/view/journals/002/2016/176/002.2016.issue-176-en.xml?cid=43988-com-dsp-marc
|x Verlag
|3 Volltext
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|a 330
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|a This paper examines the evolution of monetary policy frameworks of the Association of Southeast Asian Nations (ASEAN)-5 economies, with particular focus on changes since the Asian financial crisis and the more recent period of unconventional monetary policies in advanced economies. Monetary policy frameworks of the ASEAN-5 economies have on the whole performed well since the crisis, delivering both price and financial stability during a period of significant domestic and regional transformation and global macroeconomic and financial turmoil. Not surprisingly, therefore, successful outcomes in most cases entailed significant changes to operating frameworks and refinement of policy objectives
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