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Conference Paper
Why is financial stability a goal of public policy?
Conference Paper
Achieving price stability; overview
Conference Paper
Lessons from the Asian crisis
Journal Article
Why is financial stability a goal of public policy?
A number of developments in recent years have combined to put the issue of financial stability at the top of the agenda, not just of supervisory authorities, but of public policymakers more generally. These developments include: the explosive growth in the volume of financial transactions, the increased complexity of new instruments, costly crises in national financial systems, and several high-profile mishaps at individual institutions.> Policymakers care about financial instability because of the close linkages between financial stability and the health of the real economy. Recent examples ...
Conference Paper
Financial market implications of trade and currency zones
Conference Paper
Overview : new challenges for monetary policy
Conference Paper
Commentary: central banks and the financial system
Conference Paper
Achieving price stability; general discussion - overview panel