Safeguarding Financial Stability: Theory and Practice
- ISBN-10
- 1589064402
- ISBN-13
- 9781589064409
- Category
- Business & Economics
- Pages
- 332
- Language
- English
- Published
- 2005-12-12
- Publisher
- International Monetary Fund
- Author
- Mr.Garry J. Schinasi
Description
How is finance related to economic processes, and why should it be viewed as a public good requiring policy action? This book provides an answer. The book develops a practical framework for safeguarding financial stability, which encompasses both prevention and resolution of problems. It also examines on-going and future challenges to financial stability posed by globalization, a growing reliance on derivatives and their markets, and the capital market activities of insurers and reinsurers.
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