Achieving Financial Stability Contributor(s): Douglas D. Evanoff, George G. Kaufman Ag (Author) |
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ISBN: 9813223391 ISBN-13: 9789813223394 Publisher: World Scientific Publishing Company OUR PRICE: $140.60 Product Type: Hardcover - Other Formats Published: October 2017 |
Additional Information |
BISAC Categories: - Business & Economics | Banks & Banking - Business & Economics | Money & Monetary Policy |
Series: World Scientific Studies in International Economics |
Physical Information: 0.88" H x 6" W x 9" (1.51 lbs) 384 pages |
Descriptions, Reviews, Etc. |
Publisher Description: The Great Financial Crisis of 2007-2010 exposed the existence of significant imperfections in the financial regulatory framework that encouraged excessive risk-taking and increased system vulnerabilities. The resulting high cost of the crisis in terms of lost aggregate income and wealth, and increased unemployment has reinforced the need to improve financial stability within and across countries via changes in traditional microprudential regulation, as well as the introduction of new macroprudential regulations. Amongst the questions raised are:
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