Liberty Street Economics: Will Capital Flows through Global Banks Support Economic Recovery?

F E D E R A L   R E S E R V E   B A N K   o f   N E W  Y O R K LIBERTY STREET ECONOMICS   Will Capital Flows through Global Banks Support Economic Recovery?         Claudia M. Buch, Matthieu Bussière, and Linda S. Goldberg      Although policymakers around the world have aggressively and swiftly reacted to the common negative economic shock from COVID-19, the timing and forms of policy responses during the economic recovery stage may be more geographically differentiated. The authors ask whether, based on historical precedent, global banks are likely to provide additional support to the economic recovery in the locations they serve.    READ MORE

 

 

 

 

 

 

 

 

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