1.

Record Nr.

UNINA9910959235203321

Autore

Schinasi Garry

Titolo

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

Pubbl/distr/stampa

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

ISBN

9786613846181

9781462343119

1462343112

9781452790688

145279068X

9781283533737

1283533731

9781451938753

1451938756

Edizione

[1st ed.]

Descrizione fisica

1 online resource (330 p.)

Collana

Books

Disciplina

332.11

Soggetti

Finance

Banks and banking, Central

Risk

Banking

Banks and Banking

Banks and banking

Capital and Ownership Structure

Credit risk

Credit

Derivative markets

Derivative securities

Economic & financial crises & disasters

Finance: General

Financial institutions

Financial Instruments

Financial markets

Financial regulation and supervision

Financial Risk and Risk Management

Financial risk management

Financial sector policy and analysis

Financial sector stability

Financial services industry



Financial services law & regulation

Financing Policy

General Financial Markets: General (includes Measurement and Data)

General Financial Markets: Government Policy and Regulation

Goodwill

Industries: Financial Services

Institutional Investors

Insurance companies

Macroeconomics

Monetary economics

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

Money and Monetary Policy

Money

Non-bank Financial Institutions

Pension Funds

Value of Firms

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.