السياسة النقدية غير التقليدية لإدارة الأزمات المالية : دراسة تجربة التيسير الكمي في كل من الولايات المتحدة الامريكية و بريطانيا

الملخص EN

The increase of financial liberalization and development of financial innovations as well as appearance of new financial practices, led to spread of the most severe financial crises compared to ones in the 1990s.

When central banks of the countries that suffered from these crises adopted using deposit rate tool, they faced catastrophic failure in managing these crises as they were unable to reduce the deposit rate, especially during the global financial crisis in 2008.

Therefore, the conventional monetary policy failed to manage financial crisis, which obliged the central banks to use a new monetary policy, which is called "unconventional monetary policy" and based on recent economic principles aim to control inflation and economic revitalization.