Financial Sector Regulation and Reforms in Emerging Markets: An Overview / Eswar S. Prasad.

Format:

Book

Author/Creator:

Prasad, Eswar S., 1965-

Contributor:

National Bureau of Economic Research.

Series:

Working Paper Series (National Bureau of Economic Research) no. w16428.

NBER working paper series no. w16428

Language:

English

Physical Description:

1 online resource: illustrations (black and white);

Other Title:

Financial Sector Regulation and Reforms in Emerging Markets

Place of Publication:

Cambridge, Mass. National Bureau of Economic Research 2010.

Summary:

This paper provides an overview of the complex conceptual and practical challenges that emerging market economies face as they attempt to reform their frameworks for financial regulation. These economies are striving to balance the quest for financial stability with the imperatives of financial development and broader financial inclusion. I argue that these objectives can in fact reinforce one another. I also discuss aspects of macroeconomic policies and cross-border regulation that have implications for financial stability and the resilience of the financial sector in emerging markets.

Notes:

Print version record

October 2010.