ECONOMY OF FOREIGN COUNTRIES УДК 336.71 JEL: BRUS Svitlana1, BUBLYK Yevhen2 1Institute for Economics and Forecasting of the NAS of Ukraine, Research ID : http://www.researcherid.com/rid/ THE QUANTITATIVE EASING POLICY IN THE USA AND EU: SPECIFIC FEATURES, RISKS, AND PROSPECTS The unconventional monetary policy also known as “quantitative easing” (QE) continues to expand in attempts to overcome the consequences of the current financial crisis. Introduced on the developed markets, QE had noticeable influence on the emerging markets as well. Consequences of this policy for the developed countries and its transborder influence on the emerging markets are the outstanding topic to discuss by the scientific community. Keywords:financial crises, monetary policy, quantitative easing programs, unconventional monetary tools, central banks
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