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Preserving Financial Stability

Preserving Financial Stability »

Series: Economic Issues

Author(s): Garry Schinasi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 January 2006

Language: Chinese

DOI: http://dx.doi.org/10.5089/9781589065017.051

ISBN: 9781589065017

Keywords: financial stability, financial system, financial institutions, financial markets, financial services, financial instability, financial systems, bond, moral hazard, financial market

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 understan...