Emerging market central banks’ balance sheets are much larger than the developed world5 June, 2012, 11:50. Posted by Zarathustra
This chart is again from the BIS report on emerging market central banks balance sheet expansion. As you can see, at the top three of the list in terms of central bank assets/GDP ratio are Hong Kong, Singapore and China. And at the far right of the chart, it shows that despite all these quantitative easing as developed market central banks have been allegedly printing a lot of money, the sizes of developed market central banks balance sheets relative to their economies pale in comparison to those in the emerging market.