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Quantitative easing

By: Ashworth, Jonathan

Part of the Finance Matters series
1788212215 / 9781788212212
Hardback
332.112
25/06/2020
Stock expected by 14/06/2020
England
24 cm 192 pages
Professional & Vocational  Learn More Tertiary Education (US: College)

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.

BIC:

KCG Economic growth

Our price£48.00
RRP £60.00
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