Lessons and policy implications from the global financial crisis

"The ongoing global financial crisis is rooted in a combination of factors common to previous financial crises and some new factors. The crisis has brought to light a number of deficiencies in financial regulation and architecture, particularly in the treatment of systemically important financi...

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Main Authors: Claessens, Stijn, Dell'Arricia, Giovanni, Igan, Deniz, Laeven, Luc
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Washington, DC 2010
IMF
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19185546124919037289-Lessons-and-policy-implication.htm
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author Claessens, Stijn
Dell'Arricia, Giovanni
Igan, Deniz
Laeven, Luc
author_facet Claessens, Stijn
Dell'Arricia, Giovanni
Igan, Deniz
Laeven, Luc
collection Library items
description "The ongoing global financial crisis is rooted in a combination of factors common to previous financial crises and some new factors. The crisis has brought to light a number of deficiencies in financial regulation and architecture, particularly in the treatment of systemically important financial institutions, the assessments of systemic risks and vulnerabilities, and the resolution of financial institutions. The global nature of the financial crisis has made clear that financially integrated markets, while offering many benefits, can also pose significant risks, with large real economic consequences. Deep reforms are therefore needed to the international financial architecture to safeguard the stability of an increasingly financially integrated world. "
format TEXT
id 19185546124919037289_7ab698d9651b48b38f11fe34c2706787
institution ETUI-European Trade Union Institute
is_hierarchy_id 19185546124919037289_7ab698d9651b48b38f11fe34c2706787
is_hierarchy_title Lessons and policy implications from the global financial crisis
language English
physical 40 p.
Digital
publishDate 2010
publisher Washington, DC
IMF
spellingShingle Claessens, Stijn
Dell'Arricia, Giovanni
Igan, Deniz
Laeven, Luc
economic recession
financial sector
regulation
Lessons and policy implications from the global financial crisis
thumbnail https://www.labourline.org/Image_prev.jpg?Archive=116980293416
title Lessons and policy implications from the global financial crisis
topic economic recession
financial sector
regulation
url https://www.labourline.org/KENTIKA-19185546124919037289-Lessons-and-policy-implication.htm