Room for monetary policy stimulus has ‘narrowed’ in many EMs, World Bank report warns

Largest emerging markets to benefit from ‘structural reform push’ in 2016

Jim Yong Kim, president of the World Bank

The space to combat slow growth with monetary policy stimulus has "narrowed" in many emerging markets, the latest annual Global Economic Prospects report, published by the World Bank, warned on January 6.

Many commodity-exporting economies have been forced to tighten monetary policy to contain inflation and financial stability risk, the report noted, restricting their room for manoeuvre in the event of further external shocks.

"Monetary policy space has diverged between commodity exporters and

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account