Books

Safeguarding Financial Stability: Theory and Practice

Author/Editor:

Garry J. Schinasi

Publication Date:

December 12, 2005

Electronic Access:

Link to Abstract

Summary:

How is finance related to economic processes, and why should it be viewed as a public good requiring policy action? This book provides an answer. The book develops a practical framework for safeguarding financial stability, which encompasses both prevention and resolution of problems. It also examines on-going and future challenges to financial stability posed by globalization, a growing reliance on derivatives and their markets, and the capital market activities of insurers and reinsurers.

Series:

Books

Subject:

Credit Credit risk Derivative markets Financial institutions Financial markets Financial regulation and supervision Financial sector policy and analysis Financial sector stability Insurance companies Money