Procyclicality of financial systems in Asia

Resource Information

The work Procyclicality of financial systems in Asia represents a distinct intellectual or artistic creation found in University of Liverpool. This resource is a combination of several types including: Work, Language Material, Books.

Label

Procyclicality of financial systems in Asia

Statement of responsibility

Edited by Stefan Gerlach, Paul Gruenwald

Contributor

• Gruenwald, P., (Paul)
• Gruenwald, P., (Paul)
• Gerlach, Stefan, 1957-
• Gerlach, Stefan, 1957-

Subject

• Business cycles -- Asia
• Financial crises -- Asia
• Financial institutions -- Asia

Language

eng

Summary

The procyclicality of financial systems has received an increasing amount of attention from policymakers, academics and international organizations in recent years. This heightened interest stems from a combination of the ongoing globalization of finance, the role of the financial sector in various emerging market crises in the late 1990s and the potential impact on financial sectors of the upcoming implementation of the Basel II accord. Clearly, some degree of financial sector procyclicality is a characteristic of any normally functioning economy. At issue is whether the observed procyclicality is excessive. The challenge is to define excessive and to identify policy measures that could produce superior economic outcomes

Member of

• Procyclicality of financial systems in Asia
• Online access with purchase: Palgrave Connect (Economics & Finance Collection)

Cataloging source

UK-WkNB

Dewey number

332.1095

Index

no index present

Literary form

non fiction