Asset Purchases and Direct Financing: Guiding Principles for Emerging Markets and Developing Economies during COVID-19 and Beyond

Author/Editor:

Tobias Adrian ; Christopher J. Erceg ; Simon T Gray ; Ratna Sahay

Publication Date:

October 11, 2021

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Disclaimer: The views expressed herein are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

Summary:

Many central banks in emerging market and developing economies have used asset purchases to reduce financial stresses during the COVID crisis, and some are doing so to provide macroeconomic stimulus.

Series:

Departmental Paper No 2021/023

Subject:

Frequency:

occasional

English

Publication Date:

October 11, 2021

ISBN/ISSN:

9781513594101/2616-5333

Stock No:

APDFEA

Pages:

47

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