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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Bibliographic Details
Main Author: Schinasi, Garry
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2005.
Series:Economic Issues; Economic Issues ; No. 2006/002
Online Access:Full text available on IMF
Description
Summary: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.
Item Description:<strong>Off-Campus Access:</strong> No User ID or Password Required
<strong>On-Campus Access:</strong> No User ID or Password Required
Physical Description:1 online resource (33 pages)
Format:Mode of access: Internet
ISSN:1020-8402
Access:Electronic access restricted to authorized BRAC University faculty, staff and students