NEGATIVE INTEREST RATES: CENTRAL BANKS INITIATED AN EXPERIMENT
Negative interest rates appeared as a consequence of economic problems that countries with market economy came across after the crises of2007-2008. The attempts of monetary authorities to stimulate economies with the help of quantitative easing didn't bring the desired result. That's why t...
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Format: | Article |
Language: | English |
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MGIMO University Press
2016-08-01
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Series: | Vestnik MGIMO-Universiteta |
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Online Access: | https://www.vestnik.mgimo.ru/jour/article/view/613 |