This paper investigates how the trilemma policy mix affects economic performance in
developing countries. We find that greater monetary independence can dampen output …

China׳ s external policies, including capital controls, managed exchange rates, and
sterilized interventions, constrain its monetary policy options for maintaining macroeconomic …

We outline new metrics for measuring the trilemma aspects: exchange rate flexibility,
monetary independence, and capital account openness, taking into account substantial …

 aims and theoretical context into a more inflation-prone and inflation-sensitive society.
More recently, asset price inflation in the housing and property sectors has loomed as a …

This paper presents empirical evidence on asset market linkages between China and Asia
and how these linkages have shifted during and after the global financial crisis of 2008 …

A key challenge facing most emerging market economies today is how to simultaneously
maintain monetary independence, exchange rate stability and financial integration subject to …

The paper looks into the specifics of cross-border investments related to changes in the
direction of capital flow. The growth factors regarding the export of capital have been …

This paper reviews academic studies of excess reserves in the banking system of emerging
economies from 2000 to 2014. While excess reserves in emerging countries have attracted …

The global monetary system–the structure that governs financial relations between nations
and their macroeconomic policies–plays an indispensable role in the smooth functioning of …

This paper empirically examines the effect of foreign capital inflows on domestic price levels,
monetary expansion, and the exchange rate volatility for Pakistan using linear and nonlinear …