Safeguarding Financial Stability: Theory and Practice

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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  Safeguarding Financial Stability: Theory and Practice

  • 2005-12-12
  • 332 pages
  • Paperback
  • International Monetary Fund