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has been cited by the following article:

• TITLE: Valuation of the Countries’ Conventional and Nonconventional Monetary Policy Tools in Shrinking Periods

  AUTHORS: Tuğba Demirtaş

  KEYWORDS: Growth, Monetary Policy Tools, Traditional and Nontraditional Policies

  JOURNAL NAME: American Journal of Industrial and Business Management, Vol.14 No.1, January 30, 2024

  ABSTRACT: Whether monetary policies implemented in contracting periods are pro-growth and in what situations they will be effective is a matter of debate. However, especially during and after the 2008 crisis, policy sets have become increasingly diversified, and not only traditional but also non-traditional policies have begun to be used extensively. In this study, answers to the effectiveness of monetary policy on global growth were sought both at the theoretical level and the policies examined with extensive country examples. Although policies have diversified in the final view, the effectiveness of the harmony in monetary policies on global growth can be seen in these periods.