Key Aspects of Macroprudential Policy

Publication Date:

June 10, 2013

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

The crisis has underscored the costs of systemic instability at both the national and the global levels and highlighted the need for dedicated macroprudential policies to achieve financial stability. Building on recent advances, this paper provides a framework to inform the IMF’s country-specific advice on macroprudential policy. It recognizes that developing macroprudential policy is a work in progress, and addresses key issues to help ensure its effectiveness.

Series:

Policy Papers

Subject:

English

Publication Date:

June 10, 2013

Format:

Paper

Please address any questions about this title to publications@imf.org