https://www.taxtmi.com/news?id=13404 The intervention identifies external uncertainty from withdrawal of unconventional monetary policy as a source of emerging market asset and currency pressure that can derail growth, notes limits of macroprudential policy during downturns, and urges G20 driven collaborative solutions. It proposes that the IMF carry out scenario analysis comparing GDP loss with and without swap lines and assess swap costs relative to benefits, emphasising swaps as a confidence building facility that could reduce self insurance needs and mitigate negative shocks to emerging market and global GDP. en-us Thu, 18 Sep 2014 18:05:51 +0530 Thu, 18 Sep 2014 18:05:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=13404 The intervention identifies external uncertainty from withdrawal of unconventional monetary policy as a source of emerging market asset and currency pressure that can derail growth, notes limits of macroprudential policy during downturns, and urges G20 driven collaborative solutions. It proposes that the IMF carry out scenario analysis comparing GDP loss with and without swap lines and assess swap costs relative to benefits, emphasising swaps as a confidence building facility that could reduce self insurance needs and mitigate negative shocks to emerging market and global GDP. News - Thu, 18 Sep 2014 18:05:51 +0530 https://www.taxtmi.com/news?id=13404