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The Limits of Surveillance and Financial Market Failure: Lessons from the Euro-Area Crisis

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 |  2014-12-09 |  2014-12-09 | File type: PDF

||About the Author|Paul E. Atkinson, International Economic Policy Studies Association, USA Stephen H. Axilrod, Consultant, USA Gunter D. Baer, Consultant, Germany Adrian Blundell-Wignall, OECD, Australia Charles A. E. Goodhart, London School of Economics, UK Andr

This book examines the effectiveness of surveillance by international institutions for financial crisis prevention. It discusses issues relating to designing effective micro- and macro-prudential policies, their mixes and their coordination with monetary policies for achieving financial stability while promoting better macroeconomic performance.



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