1.

Record Nr.

UNINA9910780741703321

Autore

Schinasi Garry

Titolo

Safeguarding Financial Stability : : Theory and Practice / / Garry Schinasi

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2005

ISBN

1-4623-4311-2

1-4527-9068-X

1-283-53373-1

9786613846181

1-4519-3875-6

Descrizione fisica

1 online resource (330 p.)

Collana

Books

Disciplina

332.11

Soggetti

Finance

Banks and banking, Central

Risk

Banks and Banking

Finance: General

Macroeconomics

Money and Monetary Policy

Industries: Financial Services

General Financial Markets: Government Policy and Regulation

General Financial Markets: General (includes Measurement and Data)

Pension Funds

Non-bank Financial Institutions

Financial Instruments

Institutional Investors

Monetary Policy, Central Banking, and the Supply of Money and Credit: General

Financing Policy

Financial Risk and Risk Management

Capital and Ownership Structure

Value of Firms

Goodwill

Monetary economics

Financial services law & regulation

Banking

Economic & financial crises & disasters

Financial sector stability



Insurance companies

Credit risk

Credit

Derivative markets

Financial sector policy and analysis

Financial institutions

Money

Financial regulation and supervision

Financial markets

Financial services industry

Financial risk management

Banks and banking

Derivative securities

United States

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references (p. 285-301) and index.

Nota di contenuto

""Contents""; ""Preface""; ""Acknowledgements""; ""Abbreviations""; ""1 Introduction and Summary""; ""PART I FOUNDATIONS""; ""2 Money, Finance, and the Economic System""; ""3 Public Policy Aspects of Finance""; ""4 Efficiency and Stability""; ""PART II TOWARD A FRAMEWORK FOR FINANCIAL STABILITY ""; ""5 Defining Financial Stability""; ""6 A Framework for Financial Stability""; ""7 The Role of Central Banks in Ensuring Financial Stability""; ""PART III THE BENEFITS AND CHALLENGES OF MODERN FINANCE ""; ""8 Challenges Posed by the Globalization of Finance and Risk""

""9 Systemic Challenges Posed by Greater Reliance on Over-the-Counter Derivatives Markets""""10 The Market for Credit Risk Transfer Vehicles: How Well Is It Functioning and What Are the Future Challenges?""; ""11 Systemic Implications of the Financial Market Activities of Insurance and Reinsurance Companies""; ""12 Ongoing National and Global Challenges""; ""Glossary""; ""Bibliography""; ""Index""; ""About the Author""

Sommario/riassunto

How is finance related to economic processes, and why should it be viewed as a public good requiring policy action? This book provides an answer. The book develops a practical framework for safeguarding financial stability, which encompasses both prevention and resolution of problems. It also examines on-going and future challenges to financial stability posed by globalization, a growing reliance on derivatives and their markets, and the capital market activities of insurers and reinsurers.