Series: IMF Working Papers
Author(s): Stijn Claessens , and Laura Kodres
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 14 March 2014
Keywords: regulation, systemic risks, macroprudential policies, financial stability, financial institutions, financial system, financial services, International Institutional Arrangements, General, Government Policy and Regulation
We identify current challenges for creating stable, yet efficient financial systems using lessons from recent and past crises. Reforms need to start from three tenets: adopting a system-wide perspective explicitly...