Please use this identifier to cite or link to this item: https://www.um.edu.mt/library/oar/handle/123456789/40496
Title: The role of monetary policy in the economic recovery following the 2008-2009 global financial crisis with special reference to small states
Authors: Saliba, Carmen
Keywords: States, Small -- Economic conditions
Global Financial Crisis, 2008-2009
Monetary policy
Financial crises -- Case studies
Issue Date: 2013
Publisher: University of Malta. Islands and Small States Institute
Citation: Saliba, C. (2012). The role of monetary policy in the economic recovery following the 2008-2009 global financial crisis with special reference to small states. Occasional Papers on Islands and Small States, 2, 1-27.
Abstract: The objective of this paper is to analyse the role of monetary policy in the economic recovery following the global financial crisis of 2008 and 2009, with special reference to small states. The study is based on a desk-study utilising published data on 178 countries applied to an econometric model. The regression results showed that both monetary and fiscal measures had a statistically significant effect on the post-recession economic growth (i.e. during 2009 and 2010). The results also indicate that in the case of small states, as a group, monetary measures may have been more important than fiscal measures in mitigating the effects of the global recession.
URI: https://www.um.edu.mt/library/oar//handle/123456789/40496
ISSN: 10246282
Appears in Collections:Scholarly Works - InsSSI



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