Economic Issues

Preserving Financial Stability

By Garry J. Schinasi

January 9, 2006

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Garry J. Schinasi Preserving Financial Stability, (USA: International Monetary Fund, 2006) accessed December 22, 2024

Also available in: العربية, español, русский, 中文

Summary

Spurred by advances in information and computer technologies, financial liberalization and innovation took off inthe late 1970s. Although the changes in financial markets have been beneficial overall, our understanding of the new risks to financial stability lags behind, as demonstrated by the financial crises of the past couple of decades. The study of international financial stability - a public good - is still in its infancy. This pamphlet, aimed at stimulating further debate on the subject, proposes a definition of financial stability and a broad framework for safeguarding it without inhibiting its dynamic development or limiting its benefits.

Subject: Asset prices, Financial institutions, Financial sector policy and analysis, Financial sector stability, Financial services, Financial stability assessment, Loans, Prices

Keywords: Asset prices, Economy, EI, Fiat money, Financial asset, Financial market indicator, Financial risk, Financial sector stability, Financial stability assessment, Global, Loans, Market, Market confidence, Market discipline, Market dynamics, Market liquidity, Market participant, Market turbulence, Market uncertainty, Market volatility, Risk

Publication Details

  • Pages:

    28

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Economic Issues No. 2006/002

  • Stock No:

    EIIEA036

  • ISBN:

    9781589063563

  • ISSN:

    1020-5098

Notes

PDF also available in Arabic; Chinese; Russian; Spanish