Title: Procyclicality of Financial Systems in Asia [Paperback] Gerlach, S. and Gruenwald, P.
Publisher: Palgrave Macmillan
Publication Date: 2006
Language: English
ISBN 10: 0230547001
ISBN 13: 9780230547001
Binding: Soft cover
Condition: Very Good

About this title

Synopsis

Procyclicality of the financial system is a feature of any normally functioning economy. However, procyclicality can sometimes become 'excessive' leading to undesired effects on the real economy. The challenge that this volume addresses is to define 'excessive' and to identify policy actions that could produce superior outcomes.

About the Author

DAVID BURTON Director, Asia and Pacific Department, International Monetary Fund (IMF), USA R. SEAN CRAIG Senior Economist, Monetary and Financial Systems Department, International Monetary Fund (IMF), USA E. PHILIP DAVIS Professor of Economics and Finance, Brunel University, UK CHARLES GOODHART Professor of Economics, London School of Economics and Political Science, UK M�R GUDMUNDSSON Deputy Head, Monetary and Economic Department, Bank for International Settlements, Switzerland HAN MINGZHI Director-General, International Department, China Banking Regulatory Commission, China EIJI HIRANO Assistant Governor, Bank of Japan, Japan STEFAN INGVES former Director, Monetary and Financial Systems Department, International Monetary Fund (IMF), USA PHILIP LOWE Director General of Competition, European Commission, Italy ANTONIO GARCIA PASCUAL Western Hemisphere Department, International Monetary Fund (IMF), USA WILLIAM A. RYBACK Deputy Chief Executive, Hong Kong Monetary Authority, Hong Kong ANDREW SHENG Chairman, Hong Kong Securities and Futures Commission, Hong Kong GLENN STEVENS Deputy Governor, Reserve Bank of Australia, Australia ASHLEY TAYLOR Economics Department, London School of Economics and Political Science, UK JOS� VI�ALS Director General, International Affairs, Banco de Espa�a, Spain TARISA WANTANAGASE Deputy Governor, Financial Institutions Stability, Bank of Thailand, Thailand

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