Excessive money supply may put economy into recession: expert

Excessive money supply may put economy into recession: expert

Monetary policy is not a magic wand and excessive money supply does not necessarily promote growth. Instead it can cause high inflation or put the economy into a recession and liquidity trap when demand is weak, writes Assoc. Prof. Dr. Nguyen Huu Huan from the University of Economics Ho Chi Minh City.

Opinion - Mon, Dec 22, 2021 | 11:30 am GMT+7

Monetary policy in tandem with fiscal tools would assist Vietnam economy: expert

Monetary policy in tandem with fiscal tools would assist Vietnam economy: expert

Harmonizing monetary policy with fiscal policy in 2023 would help Vietnam’s government curb inflation and cope with forex risk pressures to ensure macroeconomic stability, says National Financial and Monetary Policy Advisory Council member Le Xuan Nghia.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

Loan interest rate in Vietnam highest globally: economist

Loan interest rate in Vietnam highest globally: economist

Vietnamese companies are facing a high loan interest rate exceeding 10% while the country's inflation is only 3%, which indicates macromanagement problems, said economist Le Xuan Nghia.

Economy - Mon, Dec 22, 2021 | 11:30 am GMT+7

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