
About Tamim Bayoumi
Tamim Bayoumi is a deputy director at the International Monetary Fund.Unconventional Monetary Policy in the Asian Financial Crisis

In a new paper, Unconventional Monetary Policy in the Asian Financial Crisis: Seeing the Crisis through Post-2008 Eyes, we reassess some of the policies central banks used during the Asian Financial Crisis of 1997–1998 in light of the responses of some advanced-economy central banks to the North Atlantic Financial Crisis of 2008. Public funding of bank recapitalizations in Thailand and the extraordinary purchase of equities in Hong Kong, China have elements of the unconventional monetary policy known as quantitative easing (QE) that has received so much attention in major advanced economies in recent years.


Search
Subscribe / Connect to Asia Pathways
Subjects
- Accelerating Progress in Gender Equality
- Addressing Remaining Poverty and Reducing Inequality
- Agriculture and natural resources
- Capacity development
- Climate change
- Economics
- Education
- Energy
- Environment
- Finance sector development
- Gender
- Governance and public sector management
- Health
- Industry and trade
- Information and Communications Technology
- Infrastructure
- Making Cities More Livable
- Miscellaneous
- Population
- Poverty
- Private sector development
- Regional cooperation and integration
- Sanitation
- Social development and protection
- Strengthening Governance and Institutional Capacity
- Subjects
- Transport
- Uncategorized
- Urban development
- Video Blog
- Water
Recent Posts
- Investing in Childcare a Win for Women and the Economy
- Flush and Flourish: Upgraded Toilets Can Transform Lives in Rural Asia
- New Ways for Climate Finance and Development in Asia and the Pacific
- Rethinking High-Rise Living: Balancing Urban Growth and Sustainability in Asia’s Cities
- Navigating Linear Transport Infrastructure Through Conservation Landscapes
Recent Comments