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dc.contributor.authorSchinasi, Garry J.
dc.date.accessioned2019-11-01T00:04:52Z
dc.date.available2019-11-01T00:04:52Z
dc.date.issued2010
dc.identifier.isbn978-956-7421-34-3
dc.identifier.urihttps://hdl.handle.net/20.500.12580/3758
dc.descriptionThe ongoing global financial crisis has been a rude awakening that the current framework for safeguarding financial stability is neither reliable nor effective. The threats to global economic stability caused by the dysfunction of credit and money markets and the weakening of the global banking system also make clear that safeguarding the stability of the financial system is as important a policy objective as maintaining monetary stability if economic growth and stability are to be achieved and sustained. Despite the global financial industry’s importance measured in terms of value added to global production and employment, global finance is not an end in and of itself. It is, instead, a means to enhancing and facilitating the efficiency of economic processes such as resource allocation, risk allocation and pricing, wealth accumulation, and ultimately economic growth and prosperity.
dc.format.pdf
dc.format.extentSección o Parte de un Documento
dc.format.mediump. 29-62
dc.language.isoeng
dc.publisherBanco Central de Chile
dc.relation.ispartofSeries on Central Banking, Analysis, and Economic Policies, no. 15
dc.rightsAttribution-NonCommercial-NoDerivs 3.0 Chile*
dc.rights.urihttp://creativecommons.org/licenses/by-nc-nd/3.0/cl/*
dc.subjectMERCADO FINANCIEROes_ES
dc.subjectCRISIS FINANCIERAes_ES
dc.subjectDESARROLLO ECONÓMICOes_ES
dc.titleDefining finacial stability and establishing a framework to safeguard it
dc.type.docArtículo
dc.file.nameBCCh-sbc-v15-p029_062


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Attribution-NonCommercial-NoDerivs 3.0 Chile
Excepto si se señala otra cosa, la licencia del ítem se describe como Attribution-NonCommercial-NoDerivs 3.0 Chile