Why should Ukraine care about QE of Federal Reserve? Are there any implications for fiscal policy?
November 13, 2013
By any means 2014 is going to be difficult for Ukraine. An important external factor to be taken into account by governments in many emerging market economies including Ukraine is Federal Reserve policy towards quantitative easing (QE). As soon as QE is stopped, costs of borrowing on international markets for emerging market countries might increase… » read more
Posted by Oleg Ustenko