ACHIEVING FINANCIAL STABILITY: Challenges to Prudential Regulation

ACHIEVING FINANCIAL STABILITY: Challenges to Prudential Regulation

ACHIEVING FINANCIAL STABILITY: Challenges to Prudential Regulation

ACHIEVING FINANCIAL STABILITY: Challenges to Prudential Regulation

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Overview

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:

Product Details

ISBN-13: 9789813223417
Publisher: World Scientific Publishing Company, Incorporated
Publication date: 09/22/2017
Series: WS STUDIES IN INTERNATIONAL ECONOMICS , #61
Sold by: Barnes & Noble
Format: eBook
Pages: 384
File size: 3 MB
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