الأدوات غير التقليدية للسياسة النقدية : على ضوء الأزمة المالية 2007-2008

Abstract EN

This study aims to shed light on the unconventional tools of monetary policy, which emerged largely after the outbreak of the financial crisis 2007-2008, after central banks failed to curb the crisis through their traditional instruments, especially the interest rate tool.

The study found that the central banks in their response to the financial crisis, especially in the developed countries, have developed new tools based on modern economic principles, these tools were called nontraditional and they were mainly: quantitative easing, qualitative easing, forward guidance.