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Monthly Archives: March 2015

Can negative interest rates create growth? — Roubini

Monetary policy has become increasingly unconventional in the last six years, with central banks implementing zero-interest-rate policies, quantitative easing, credit easing, forward guidance, and unlimited exchange-rate intervention. But now we have come to the most unconventional policy tool of them all: negative nominal interest rates. Such rates currently prevail in …

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Georgia Took 75% of Total Foreign Loans in 2006 to 2012

The Way UNM Used to Strengthen GEL and the Way Georgian Dream has Devaluated GEL The GEL exchange rate – the expression last period Georgian citizens are most frequently mentioning despite their professions. Amid the high coefficient of the Georgian economy dollarization the GEL exchange rate against USD has fallen …

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