This book is a review on the economic theories of systemic risks in the financial market and the topics in constructing the macroprudential framework for banking regulation in the future. It explains the reasons why the traditional microprudential regulatory framework missed its target in stabilizing the market and preventing the crisis, and discusses the principles and instruments for designing macroprudential rules.
| ISBN: | 9781138798670 |
| Publication date: | 19th May 2014 |
| Author: | Jin Cao |
| Publisher: | Routledge an imprint of Taylor & Francis Ltd |
| Format: | Paperback |
| Pagination: | 224 pages |
| Series: | Routledge International Studies in Money and Banking |
| Genres: |
Economic and financial crises and disasters Banking Banking law |