Financial Stability Frameworks and the Role of Central Banks : Lessons From the Crisis

Lessons From the Crisis

Financial Stability Frameworks and the Role of Central Banks : Lessons From the Crisis
This paper sets out general principles for the design of financial stability frameworks, starting from an analysis of the objectives and tools of financial regulation. The paper then offers a comprehensive analysis of the costs and benefits of the two main models that have emerged for modern financial systems: the integrated model, with a single... READ MORE...

Publication date: April 2009
ISBN 9781451872170
$18.00

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