FINANCE. TAXES. CREDIT УДК 339.72:336.711 JEL: 1Institute for Economics and Forecasting of the NAS of Ukraine, Research ID : http://www.researcherid.com/rid/ CHANGING MONETARY POLICIES OF CENTRAL BANKS OF LEADING COUNTRIES AND THEIR IMPLICATIONS FOR EMERGING MARKET COUNTRIES The article examines the peculiarities of the financial instability factors transmission for developing economies under the influence of the manifestations of the collapse of non-traditional monetary policy in the countries of the economic core. It is noted that such influence is manifested in emerging markets even at the stage of expectations through official announcements. The main factors of negative impact transmission are the increase in FDI volatility and falling prices in commodity markets. Keywords:financial sector; international capital flows; macroprudential policy; direct and portfolio investments; communication policy
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