Procyclicality of Financial Systems in Asia

Anno: 2006
Rilegatura: Paperback / softback
Pagine: 182 p.
Testo in English
Dimensioni: 216 x 140 mm
Peso: 258 gr.
  • EAN: 9780230547001
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Descrizione

Procyclicality of the financial system is a feature of any normally functioning economy. However, procyclicality can sometimes become 'excessive' leading to undesired effects on the real economy. The challenge that this volume addresses is to define 'excessive' and to identify policy actions that could produce superior outcomes.