European University Institute Library

Achieving financial stability, challenges to prudential regulation, editors, Douglas D. Evanoff [and three others]

Label
Achieving financial stability, challenges to prudential regulation, editors, Douglas D. Evanoff [and three others]
Language
eng
Bibliography note
Includes bibliographical references
Index
no index present
Literary Form
non fiction
Main title
Achieving financial stability
Oclc number
987896736
Responsibility statement
editors, Douglas D. Evanoff [and three others]
Series statement
World scientific studies in international economics, 61
Sub title
challenges to prudential regulation
Summary
The Great Financial Crisis of 2007–2010 exposed the existence of significant imperfections in the financial regulatory framework that encouraged excessive risk-taking and increased system vulnerabilities. The resulting high cost of the crisis in terms of lost aggregate income and wealth, and increased unemployment has reinforced the need to improve financial stability within and across countries via changes in traditional microprudential regulation, as well as the introduction of new macroprudential regulations.--, Provided by Publisher
Content
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