{
  "title": "Key Aspects of Macroprudential Policy",
  "publication": "Policy Papers, June 10, 2013",
  "sourceUrl": "https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/key-aspects-of-macroprudential-policy-pp4803",
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  "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.",
  "sections": [
    {
      "heading": "Overview",
      "content": "- 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.\n- The paper provides a framework to inform the IMF’s country-specific advice on macroprudential policy.\n- It recognizes that developing macroprudential policy is a work in progress and addresses key issues to help ensure its effectiveness."
    },
    {
      "heading": "Purpose and scope",
      "content": "- Provide a framework to inform IMF country-specific advice on macroprudential policy.\n- Emphasize the evolving nature of macroprudential policy and the need for continued development and refinement."
    },
    {
      "heading": "Key themes and findings",
      "content": "- Systemic instability imposes costs at national and global levels.\n- Dedicated macroprudential policies are necessary to achieve financial stability.\n- A framework can guide country-specific IMF advice on macroprudential measures.\n- Policy development is ongoing; key issues must be addressed to ensure macroprudential policy effectiveness."
    },
    {
      "heading": "Subjects covered (as listed)",
      "content": "- Banking sector\n- Central bank role\n- Fiscal policy\n- International financial system\n- Macroprudential policy\n- Monetary policy\n- Shadow economy"
    },
    {
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      "content": "- Publication date: June 10, 2013\n- Citation example provided: Key Aspects of Macroprudential Policy, (USA: International Monetary Fund, 0) accessed 9/18/2026\n- The IMF eLibrary offers over 25,000 IMF publications in multiple formats.\n\nSource: Key Aspects of Macroprudential Policy, June 10, 2013 (International Monetary Fund).\n\n---\n\n Content in this bundle\n\n- Key Aspects of Macroprudential Policy; IMF Policy Paper; June 10, 2013\n  - Key Aspects of Macroprudential Policy; IMF Policy Paper; June 10, 2013 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Key Aspects of Macroprudential Policy; IMF Policy Paper; June 10, 2013 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/policy-papers/issues/2016/12/31/key-aspects-of-macroprudential-policy-pp4803"
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    "Published: June 10, 2013",
    "Series: Policy Papers",
    "Stock No: ISBN",
    "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.",
    "The 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.",
    "Provide a framework to inform IMF country-specific advice on macroprudential policy.",
    "Emphasize the evolving nature of macroprudential policy and the need for continued development and refinement.",
    "Systemic instability imposes costs at national and global levels.",
    "Dedicated macroprudential policies are necessary to achieve financial stability.",
    "A framework can guide country-specific IMF advice on macroprudential measures.",
    "Policy development is ongoing; key issues must be addressed to ensure macroprudential policy effectiveness.",
    "Banking sector",
    "Central bank role",
    "Fiscal policy",
    "International financial system",
    "Macroprudential policy",
    "Monetary policy",
    "Shadow economy",
    "Publication date: June 10, 2013",
    "Citation example provided: Key Aspects of Macroprudential Policy, (USA: International Monetary Fund, 0) accessed 9/18/2026",
    "The IMF eLibrary offers over 25,000 IMF publications in multiple formats.",
    "**Key Aspects of Macroprudential Policy; IMF Policy Paper; June 10, 2013**"
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