The Economic Crisis: Did Financial Supervision Matter?
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Bibliographische Detailangaben
Beteilige Person: Quintyn, Marc (VerfasserIn)
Format: Elektronisch E-Book
Sprache:Englisch
Veröffentlicht: Washington, D.C International Monetary Fund 2011
Schriftenreihe:IMF Working Papers Working Paper No. 11/261
Links:http://elibrary.imf.org/view/IMF001/12290-9781463924560/12290-9781463924560/12290-9781463924560.xml
http://elibrary.imf.org/view/IMF001/12290-9781463924560/12290-9781463924560/12290-9781463924560.xml
http://elibrary.imf.org/view/IMF001/12290-9781463924560/12290-9781463924560/12290-9781463924560.xml
http://elibrary.imf.org/view/IMF001/12290-9781463924560/12290-9781463924560/12290-9781463924560.xml
http://elibrary.imf.org/view/IMF001/12290-9781463924560/12290-9781463924560/12290-9781463924560.xml
http://elibrary.imf.org/view/IMF001/12290-9781463924560/12290-9781463924560/12290-9781463924560.xml
http://elibrary.imf.org/view/IMF001/12290-9781463924560/12290-9781463924560/12290-9781463924560.xml
http://elibrary.imf.org/view/IMF001/12290-9781463924560/12290-9781463924560/12290-9781463924560.xml
http://elibrary.imf.org/view/IMF001/12290-9781463924560/12290-9781463924560/12290-9781463924560.xml
http://elibrary.imf.org/view/IMF001/12290-9781463924560/12290-9781463924560/12290-9781463924560.xml
http://elibrary.imf.org/view/IMF001/12290-9781463924560/12290-9781463924560/12290-9781463924560.xml
http://elibrary.imf.org/view/IMF001/12290-9781463924560/12290-9781463924560/12290-9781463924560.xml
http://elibrary.imf.org/view/IMF001/12290-9781463924560/12290-9781463924560/12290-9781463924560.xml
http://elibrary.imf.org/view/IMF001/12290-9781463924560/12290-9781463924560/12290-9781463924560.xml
http://elibrary.imf.org/view/IMF001/12290-9781463924560/12290-9781463924560/12290-9781463924560.xml
http://elibrary.imf.org/view/IMF001/12290-9781463924560/12290-9781463924560/12290-9781463924560.xml
http://elibrary.imf.org/view/IMF001/12290-9781463924560/12290-9781463924560/12290-9781463924560.xml
http://elibrary.imf.org/view/IMF001/12290-9781463924560/12290-9781463924560/12290-9781463924560.xml
http://elibrary.imf.org/view/IMF001/12290-9781463924560/12290-9781463924560/12290-9781463924560.xml
http://elibrary.imf.org/view/IMF001/12290-9781463924560/12290-9781463924560/12290-9781463924560.xml
http://elibrary.imf.org/view/IMF001/12290-9781463924560/12290-9781463924560/12290-9781463924560.xml
Abstract:The Asian financial crisis marked the beginning of worldwide efforts to improve the effectiveness of financial supervision. However, the crisis that started in 2007?08 was a crude awakening: several of these improvements seemed unable to avoid or mitigate the crisis. This paper brings the first systematic analysis of the role of two of these efforts - modifications in the architecture of financial supervision and in supervisory governance - and concludes that they were negatively correlated with economic resilience. Using the emerging distinction between macro- and micro-prudential supervision, we explore to what extent two separate institutions would allow for more checks and balances to improve supervisory governance and, thus, reduce the probability of supervisory failure
Umfang:1 Online-Ressource (47 p)
ISBN:1463924569
9781463924560