IMF-当政策咬人:新兴市场国家依赖的货币政策传导(英)-2026.5.pdfVIP

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IMF-当政策咬人:新兴市场国家依赖的货币政策传导(英)-2026.5.pdf

WhenPolicyBites:State-

DependentMonetary

PolicyTransmissionin

EmergingMarkets

LucynaGornicka,SumaiyahMirza,VinaNguyen,

andJeromeVandenbussche

WP/26/96

IMFWorkingPapersdescriberesearchin

progressbytheauthor(s)andarepublishedto

elicitcommentsandtoencouragedebate.

TheviewsexpressedinIMFWorkingPapersare

thoseoftheauthor(s)anddonotnecessarily

representtheviewsoftheIMF,itsExecutiveBoard,

orIMFmanagement.

2026

MAY

©2026InternationalMonetaryFundWP/26/

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