Policy Brief on the impact of the Fed’s “normalization” of monetary policy

Dear all,

I am sharing with you a Policy Brief written by one of our WG members, João Pedro Scalco Macalós. This is the first edition of a series of "Policy Brief" prepared by the Alumni of the Economic Policies in the Age of Globalisation (EPOG) Master Programme.

For those who don't know it, the EPOG is a Master in economics characterized by its institutionalist approach, the importance given to the reality of the socio-economic phenomena and its willingness to promote trans-disciplinary approaches. Its aim is to apprehend the economic, social and environmental crises we are facing and the necessary transition processes we need to build in a globalized world.
The series of policy briefs offers an analysis of topical issues and derives recommendations. In this first edition João Pedro Scalco Macalós, currently PhD candidate at University of Paris 13 and member of the States & Markets WG, discusses the impact of the Fed’s “normalization” of monetary policy on Emerging Market Economies.

I hope you find it interesting. If you want to be informed on that Policy Brief series or the EPOG programme, please register on: http://www.cepn-paris13.fr/epog/?page_id=882

Best regards,



epog_november 18_ok2.pdf