Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/53643 
Authors: 
Year of Publication: 
2011
Series/Report no.: 
ADBI Working Paper No. 325
Publisher: 
Asian Development Bank Institute (ADBI), Tokyo
Abstract: 
New lessons, challenges, and debates have emerged from the subprime crisis in the United States. While the macroeconomic orientation is not new and has always been among the classic toolkits of central banks for ensuring financial stability, the current explicit articulation and specification of such a tool as a global standard is new. The objective of this study is to review and analyze the steps taken by the central banks and monetary authorities of select Asian countries to strengthen their prudential regulations, mainly the macro-prudential component of such regulations.
JEL: 
E52
E58
G28
Document Type: 
Working Paper

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