Preserving Financial Stability /

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 finan...

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Detalles Bibliográficos
Autor principal: Schinasi, Garry
Formato: Revista
Lenguaje:English
Publicado: Washington, D.C. : International Monetary Fund, 2005.
Colección:Economic Issues; Economic Issues ; No. 2006/002
Acceso en línea:Full text available on IMF
Descripción
Sumario: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.
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Descripción Física:1 online resource (33 pages)
Formato:Mode of access: Internet
ISSN:1020-8402
Acceso:Electronic access restricted to authorized BRAC University faculty, staff and students