CIAO DATE: 04/2015

When Central Banks Surprise: Why It Is Important and What Policy Makers Need to Do about It

January 2015

Centre for International Governance Innovation

Abstract

Drawing on CIGI-sponsored research, this policy brief discusses the potential effects of unexpected US news events on global capital flows. It then identifies the countries that are most vulnerable to global financial volatility and discusses the role of the Group of Twenty in facilitating a stronger and more resilient global economy.

Resource link: When Central Banks Surprise: Why It Is Important and What Policy Makers Need to Do about It [PDF] - 2.2M