Garry J. Schinasi, "Safeguarding Financial Stability: Theory And Practice"
English | 2005 | pages: 328 | ISBN: 1589064402 | PDF | 2,0 mb
English | 2005 | pages: 328 | ISBN: 1589064402 | PDF | 2,0 mb
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.
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