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Safeguarding Financial Stability: Theory and Practice.

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Schinasi, G.. 1-589-06440-2 edic.2006 'Safeguarding Financial Stability: Theory and Practice', addresses how finance is related to economic processes, and why it should be viewed as a public good requiring policy action.This publication develops a practical framework for safeguarding financial stability, which encompasses both prevention and resolution of problems, and examines on-going and future challenges to financial stability posed by 'globalisation', a growing reliance on OTC derivatives and their markets, the capital-market activities of insurers and re-insurers, and others
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