You are here

Systemic Risk and Macroprudential Regulations
Share

Systemic Risk and Macroprudential Regulations
Global Financial Crisis and Thereafter

  • Rabi N. Mishra - Principal Chief General Manager, Risk Monitoring Department of Reserve Bank of India, Mumbai

508 pages | SAGE Publications Pvt. Ltd

The Global Financial Crisis is undoubtedly the most severe financial crisis the world witnessed since the Great Depression of 1929. The crisis has been analysed by a number of experts offering distinct narratives and counter-narratives. Systemic Risk and Macroprudential Regulations examines causes and consequences of the global financial crisis and proposes a regulatory reforms policy—macroprudential regulations. The book emphasizes ‘systemic risk’ as the new-found villain of the financial space and narrates how such risk can be addressed through macroprudential tools. It, thus, offers a possible solution to avoid financial crises in future and facilitates building a safer financial system globally. The book also examines major crisis management frameworks, stress testing, relevant regulatory and supervisory development, and early warning mechanism with detailed cross-country analysis.



 
Foreword by Benjamin M. Friedman
 
Preface
 
Introduction
 
Part I: Post-crisis Financial Regulatory Reform
 
Strengthening Capital and Liquidity Requirements
 
Regulatory Framework Beyond Capital and Liquidity
 
Part II: Managing Systemic Risk through Macroprudential Policy
 
Macroprudential Policy
 
Early Warning Systems
 
Stress Testing Programme
 
Tools for Macroprudential Policy
 
Part III: Managing Financial Crisis
 
Financial Crisis Management Framework
 
Part IV- Coordination in International Policymaking
 
Dynamics of International Policy Coordination
 
New Approaches to International Policy Coordination
 
Macrofinancial Policy Coordination in the Current Milieu
 
Epilogue: Potential Concerns for Central Banks
 
Index
Key features
• Examines reasons for the Global Financial Crisis and subsequent damage control initiatives

• Examines recommendations given by Financial Regulation committees on Post-global financial crisis 

• Explains the difference between complex traditional monetary policy making and the newly-born macroprudential policy making. 

• Discusses financial risk in the context of cyber banking

 

Preview this book

For instructors

To inquire about the availability of this title for review (print and/or digital), please contact your local sales representative or call (800) 818-7243.

Select a Purchasing Option

ISBN: 9789353285425
$59.99