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Preserving Financial Stability

Author/Editor: Garry J. Schinasi
Electronic Access: Free Full Text (PDF file size is 597KB)
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Summary: Spurred by advances in information and computer technologies, financial liberalization and innovation took off inthe late 1970s. Although the changes in financial markets have been beneficial overall, our understanding of the new risks to financial stability lags behind, as demonstrated by the financial crises of the past couple of decades. The study of international financial stability - a public good - is still in its infancy. This pamphlet, aimed at stimulating further debate on the subject, proposes a definition of financial stability and a broad framework for safeguarding it without inhibiting its dynamic development or limiting its benefits.
Series: Economic Issues No. 36
Notes: PDF also available in Arabic; Chinese; Russian; Spanish
    Published:   August 16, 2007        
            Format:   Web
    Stock No:   EIIAW036   Pages:   28
    Price:   Free        
    Published:   January 9, 2006        
    ISBN/ISSN:   9781589063563/1020-5098   Format:   Paper
    Stock No:   EIIEA036   Pages:   28
    Price:   Free        
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