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In this book prominent academics and central bankers explore the framework for securing financial stability in a changing environment. The papers focus in particular on the following crucial issues for central banks and regulatory institutions around the world: (i) the implications of recent changes in the financial system worldwide for financial stability; (ii) an optimal design of prudential policy; and (iii) the relationship between the two ultimate goals of central banks - price stability and financial stability.
Published by: Palgrave Macmillan
Publication Date: 1995-01-01
Format: Paperback
ISBN-13: 9781349133543
DOI: 10.1007/978-1-349-13352-9
Dimensions: 216cm x140cm
Pages: 539