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Preserving Financial Stability

Preserving Financial Stability »

Series: Economic Issues

Author(s): Garry Schinasi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 December 2005

Language: Russian

DOI: http://dx.doi.org/10.5089/9781589064997.051

ISBN: 9781589064997

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...