Macroprudential frameworks, implementation and relationship with other policies
Christian Upper
A chapter in Macroprudential frameworks, implementation and relationship with other policies, 2017, vol. 94, pp 1-5 from Bank for International Settlements
Abstract:
Emerging market central banks have a long history of using macroprudential instruments. In the aftermath of the Asian crisis, central banks in the region deployed macroprudential tools first to deal with the fallout of crisis and then to prevent vulnerabilities from building up again. Similarly, central banks in Latin America and other regions used macroprudential tools to prevent large swings in external financing from turning into domestic financial booms and busts.
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:bis:bisbpc:94-01
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