Per Jacobsson Lecture : Are We Safer? The Case for Strengthening the Bagehot Arsenal /

The choices we make in advance of the next financial crisis will have a major impact in determining the magnitude of the economic damage. Our vulnerability to crisis depends on the strength of the protections we build into the financial system through prudential regulation, as well as on the degrees...

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Autor principal: Geithner, Timothy
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2017.
Col·lecció:per Jacobson lecture
Accés en línia:Full text available on IMF
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Sumari:The choices we make in advance of the next financial crisis will have a major impact in determining the magnitude of the economic damage. Our vulnerability to crisis depends on the strength of the protections we build into the financial system through prudential regulation, as well as on the degrees of freedom we create for ourselves to respond to the unanticipated, and the knowledge and experience we bring in managing crises. Is the financial system safer today? With the reforms now in place and with the memory of the crisis still fresh, how confident should we feel about the resilience of the financial system and our ability to protect the US economy from a major financial crisis? Warburg Pincus President and former US Secretary of the Treasury Timothy Geithner attempts to answer these questions in his October 2016 Per Jacobsson Lecture.
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Descripció física:1 online resource (54 pages)
Format:Mode of access: Internet
ISSN:0252-3108
Accés:Electronic access restricted to authorized BRAC University faculty, staff and students