Penser les politiques macroprudentielles au niveau global
Laurent Clerc ()
Revue d'économie financière, 2015, vol. n° 119, issue 3, 141-156
While the concept of macroprudential policy has been extensively discussed, the issue of its coordination at the global level has barely been touched upon. Coordination is however key to warrant its effectiveness, maintain sound and fair competitive conditions between financial institutions or jurisdictions and avoid redundancies or conflicts of objectives between the different decision-making levels: national, regional, and global. This paper first presents the main rationales to think about macroprudential policies at the global level and second considers possible avenues to do so. Classification JEL: F38, F42, G28.
JEL-codes: F38 F42 G28 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:cai:refaef:ecofi_119_0141
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