Externalities and Macroprudential Policy
Jun 2012 · International Monetary Fund
I-Ebook
24
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reportIzilinganiso nezibuyekezo aziqinisekisiwe Funda Kabanzi
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This note overviews macroprudential policy options that have been proposed to address the systemic risks experienced during the recent financial crisis. It contributes to the policy debate by providing a taxonomy of macroprudential policies in terms of the specific negative externalities in the financial system that these policies are meant to address, and discusses their interrelations and some key implementation issues.
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