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Stability of the financial system : illusion or feasible concept? / edited by Andreas R. Dombret, Otto Lucius

عدد النسخ: 1 عدد النسخ المعارة : 0 عدد النسخ المتاحة للاعارة : 1
رقم التسجيلة 21988
نوع المادة book
ردمك 9781782547839
رقم الطلب 339.5 S775
العنوان Stability of the financial system : illusion or feasible concept? / edited by Andreas R. Dombret, Otto Lucius
بيانات النشر Cheltenham: Edward Elgar Publishing Ltd, 2013.
الوصف المادي xviii, 537p
ملاحظات

Summary from British Library Catalogues

الملاحظات الببليوجرافية

Includes bibliographical references and index.

المحتويات / النص

Preface : Stability of the Financial System - An Introduction / Mark Carney PART I: ABOUT FINANCIAL STABILITY 1. Financial and Fiscal Stability Beyond the Crisis Years: Two Paradigm Shifts and their Consequences / Martin Blessing -- 2. Criteria for Financial Stability - The European View / Andreas Dombret -- 3. Criteria for Financial Stability - A US View / Nathan Sheets -- 4. Financial Stability in Brazil / Luiz Awazu Pereira da Silva, Adriana Soares Sales and Wagner Piazza Gaglianone -- 5. From the Stability Pact to ESM - What Next? / Claudia M. Buch -- 6. Economic Convergence - The Need for Economic Cooperation and Coordination / Walter Rothensteiner and Valentin Hofstatter -- 7. Banking System and Financial Stability / Andreas Ittner -- 8. Competition, the Pressure for Returns, and Stability / Paul Tucker -- 9. Measuring Systemic Risk / Jaime Caruana -- PART II: THE CONSEQUENCES OF FINANCIAL INSTABILITY -- 10. Sovereign Risk Lorenzo / Bini Smaghi -- 11. Default of Systemically Important Financial Intermediaries: Short-Term Stability vs. Incentive Compatibility / Yves Mersch -- 12. Systemically Important Banks - Possible Options for Policy Makers / Klaas H.W. Knot and Hanne van Voorden -- 13. A Paradigm Shift: Resolution of Banks / Jean-Pierre Landau -- 14. Consequences of Financial Shocks for the Real Economy / Hiroshi Nakaso - PART III: PREVENTION OF FINANCIAL INSTABILITY 15. The Economics of Financial Regulation / Ewald Nowotny -- 16. A Strategic Approach to Post Crisis Regulation - The Need for Pillar 4 / David T. Llewellyn - 17. Regulation of Banks and the 'Level Playing Field' - The Case of Shadow Banking / Otto Lucius -- 18. Enhancing Financial Stability - A Global Bank's Perspective / Ulrich Korner - 19. Stable Liquidity and Funding Flows / Jose Manuel Campa Fernandez -- 20. How to Avoid Contagion and Spillover Effects in the Euro Zone? / Michael C. Burda - 21. The New European Supervisory System - Harmonisation and Macroprudential Oversight / Sabine Lautenschlager - 22. Macroprudential, Microprudential and Monetary Policies: Conflicts, Complementarities and Trade-Offs / Paolo Angelini, Sergio Nicoletti-Altimari and Ignazio Visco 23. Why Central Banks need a Macroeconomic Toolkit / Philipp M. Hildebrand 24. Lender of Last Resort - Which Institution Could Best Fulfil this Function?/ Gertrude Tumpel-Gugerell - 25. Stability of the Financial System: Illusion or Feasible Concept? An Epilogue / Christine Lagarde

المستخلص

SummarySummary from British Catalogue:Summary from British Catalogue:: In the aftermath of the financial crisis, new financial market regulation is being implemented, and increasing numbers of countries are establishing new legislation for macroprudential oversight. Against this backdrop, this thought provoking book provides a platform for the leading international experts to discuss and encourage future debate on financial stability. The breadth and scope of the issues addressed reflect the challenge of developing and consistently implementing a coherent set of financial reforms to promote financial stability. The book advocates the development of financial reforms that are effective in striking the optimal balance between realizing the enormous benefits of efficient financial intermediation, capital allocation and risk management on the one hand, and controlling systemic risks and maintaining financial stability on the other. Making an important contribution to deepening our understanding of the many facets of financial stability, this book will prove a challenging read for policy makers, regulators and central bankers as well as for researchers and scholars in the fields of economics, money, finance and banking.

المواضيع Macroeconomics
الواصفات ECONOMIC STABILIZATION
MONETARY POLICY
FINANCE
الأسماء المرتبطة Dombret, Andreas R
Lucius, Otto