Macroprudential Policy
Taming the wild gyrations of credit flows, debt stocks and asset prices| By: | R. Barwell |
| Publisher: | Springer Nature |
| Print ISBN: | 9781137274458 |
| eText ISBN: | 9781137274465 |
| Edition: | 0 |
| Copyright: | 2013 |
| Format: | Reflowable |
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The financial crisis of 2008 is probably the single most important economic event in post-war history. Macroprudential policy is the response to that crisis – a determined attempt to stabilize the financial system. This book explains why it is necessary, who will be responsible for executing this responsibility and how they will go about doing it.