Achieving Financial Stability: Challenges To Prudential Regulation
Download or Read eBook Achieving Financial Stability: Challenges To Prudential Regulation PDF written by Douglas D Evanoff and published by World Scientific. This book was released on 2017-09-22 with total page 385 pages. Available in PDF, EPUB and Kindle.
| Author | : Douglas D Evanoff |
| Publisher | : World Scientific |
| Total Pages | : 385 |
| Release | : 2017-09-22 |
| ISBN-10 | : 9789813223417 |
| ISBN-13 | : 9813223413 |
| Rating | : 4/5 (17 Downloads) |
Book Synopsis Achieving Financial Stability: Challenges To Prudential Regulation by : Douglas D Evanoff
Book excerpt: 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:
