In an article on the Sunday edition of Tehran-based English newspaper, Iran Daily, Ahmad Mojtahed said, to embrace and adapt to these changes and developments, countries inevitably adopted policies and strategies to avert economic crises or at least alleviate them.
Although countries are substantially different in terms of economic strength and structure, their central banks play a significant role in managing crises.
It is almost impossible to formulate the same monetary policy for all countries given their economic structures, sizes of government, reliance on a certain [or a number of] export items, geographical location, economic openness to international relations and degree of economic stability and development. Nevertheless, at a time of crisis, governments can greatly contribute to safely overcoming an imbalanced and critical situation.
