Lessons of the Financial Crisis for Future Regulation of Financial Institutions and Markets and for Liquidity Management - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Lessons of the Financial Crisis for Future Regulation of Financial Institutions and Markets and for Liquidity Management write by International Monetary Fund. Monetary and Capital Markets Department. This book was released on 2009-04-02. Lessons of the Financial Crisis for Future Regulation of Financial Institutions and Markets and for Liquidity Management available in PDF, EPUB and Kindle. This paper seeks to draw lessons for financial sector regulation and supervision and central bank liquidity management from the ongoing crisis, focusing principally on implications for the future rather than on immediate crisis management policies. Inadequacies in macroeconomic policies and the design of the international financial architecture exposed in the crisis will also have to be addressed to make the suggested changes in the regulatory framework effective.
Financial Sector Crisis and Restructuring
Financial Sector Crisis and Restructuring - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Financial Sector Crisis and Restructuring write by Carl-Johan Lindgren. This book was released on 1999. Financial Sector Crisis and Restructuring available in PDF, EPUB and Kindle. An IMF paper reviewing the policy responses of Indonesia, Korea and Thailand to the 1997 Asian crisis, comparing the actions of these three countries with those of Malaysia and the Philippines. Although all judgements are still tentative, important lessons can be learned from the experiences of the last two years.
The Regulatory Responses to the Global Financial Crisis
The Regulatory Responses to the Global Financial Crisis - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Regulatory Responses to the Global Financial Crisis write by Mr.Stijn Claessens. This book was released on 2014-03-14. The Regulatory Responses to the Global Financial Crisis available in PDF, EPUB and Kindle. We identify current challenges for creating stable, yet efficient financial systems using lessons from recent and past crises. Reforms need to start from three tenets: adopting a system-wide perspective explicitly aimed at addressing market failures; understanding and incorporating into regulations agents’ incentives so as to align them better with societies’ goals; and acknowledging that risks of crises will always remain, in part due to (unknown) unknowns – be they tipping points, fault lines, or spillovers. Corresponding to these three tenets, specific areas for further reforms are identified. Policy makers need to resist, however, fine-tuning regulations: a “do not harm” approach is often preferable. And as risks will remain, crisis management needs to be made an integral part of system design, not relegated to improvisation after the fact.
Financial Crises Explanations, Types, and Implications
Financial Crises Explanations, Types, and Implications - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Financial Crises Explanations, Types, and Implications write by Mr.Stijn Claessens. This book was released on 2013-01-30. Financial Crises Explanations, Types, and Implications available in PDF, EPUB and Kindle. This paper reviews the literature on financial crises focusing on three specific aspects. First, what are the main factors explaining financial crises? Since many theories on the sources of financial crises highlight the importance of sharp fluctuations in asset and credit markets, the paper briefly reviews theoretical and empirical studies on developments in these markets around financial crises. Second, what are the major types of financial crises? The paper focuses on the main theoretical and empirical explanations of four types of financial crises—currency crises, sudden stops, debt crises, and banking crises—and presents a survey of the literature that attempts to identify these episodes. Third, what are the real and financial sector implications of crises? The paper briefly reviews the short- and medium-run implications of crises for the real economy and financial sector. It concludes with a summary of the main lessons from the literature and future research directions.
Balancing the Banks
Balancing the Banks - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Balancing the Banks write by Mathias Dewatripont. This book was released on 2015-09-22. Balancing the Banks available in PDF, EPUB and Kindle. The financial crisis that began in 2007 in the US swept the world, producing substantial bank failures and forcing unprecedented state aid for the crippled global financial system. This book draws critical lessons from the causes of the crisis and proposes important regulatory reforms.
