Series: Economic Issues
Author(s): Garry Schinasi
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 16 July 2007
Keywords: Financial stability, financial stability, financial system, financial institutions, financial markets, financial services, financial instability, financial systems, bond, moral hazard
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 understa...