Preserving Financial Stability

Front Cover
International Monetary Fund, Jan 9, 2006 - Business & Economics - 50 pages
0 Reviews
Spurred by advances in information and computer technologies, financial liberalization and innovation took off inthe late 1970s. Although the changes in financial markets have been beneficial overall, our understanding of the new risks to financial stability lags behind, as demonstrated by the financial crises of the past couple of decades. The study of international financial stability - a public good - is still in its infancy. This pamphlet, aimed at stimulating further debate on the subject, proposes a definition of financial stability and a broad framework for safeguarding it without inhibiting its dynamic development or limiting its benefits.
 

What people are saying - Write a review

We haven't found any reviews in the usual places.

Selected pages

Contents

Preserving Financial Stability
1
Financial stability analysis
7
Developing a framework
11
Why financial stability is a public good
15
Strategy for the future
18
The Economic Issues Series
22
Copyright

Other editions - View all

Common terms and phrases

Bibliographic information