Safeguarding Financial Stability: Theory and Practice
Author： Mr. Garry J. Schinasi
Publisher： INTERNATIONAL MONETARY FUND
Publication year： 2005
E-ISBN: 9781451938753
P-ISBN(Paperback): 9781589064409
Subject： F830 Financial, banking theory
Keyword： Financial stability
Language： ENG
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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.