Arab Today, arab today imf easing may cause developing world asset bubbles
Last Updated : GMT 08:53:10
Arab Today, arab today
Arab Today, arab today

IMF: Easing may cause developing world asset bubbles

Arab Today, arab today

Arab Today, arab today IMF: Easing may cause developing world asset bubbles

Tokyo - AFP

Monetary easing in the developed world could cause overheating and asset bubbles in emerging economies, the International Monetary Fund's managing director said in Tokyo on Sunday. "Accommodative monetary policies... could strain the capacity of those economies to absorb the potentially large flows and could lead to overheating asset price bubbles," Christine Lagarde said. Critics in emerging nations have argued that easing measures, particularly in the United States, have driven down the value of the dollar and sparked huge capital flows to spill across their borders, raising the risk of overheating and driving up national currencies. On Friday, Brazilian Finance Minister Guido Mantega warned that his country would take "whatever measures it deems necessary" to fight the problem. "Emerging markets can't passively endure large and volatile capital flows and currency fluctuations caused by rich countries' polices," he said at the IMF and World Bank's annual meetings in Tokyo, which wrap up Sunday. "Advanced countries cannot count on exporting their way out of the crisis at the expense of emerging-market economies." Mantega added that: "Currency wars will only compound the world's economic difficulties." However US Federal Reserve chief Ben Bernanke on Sunday rejected claims that central bank easing in rich countries was to blame for the huge waves of capital flowing into the developing world. "The linkage between advanced-economy monetary policies and international capital flows is looser than is sometimes asserted," he said in a statement. The top US central banker added that the "beneficial effects" of the Fed's policies in propping up the US economy -- the world's biggest and a key developing world export market -- should be given "appropriate weight".

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today imf easing may cause developing world asset bubbles Arab Today, arab today imf easing may cause developing world asset bubbles

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today imf easing may cause developing world asset bubbles Arab Today, arab today imf easing may cause developing world asset bubbles

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday