Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/46101
Authors: 
Prasad, Eswar S.
Year of Publication: 
2010
Series/Report no.: 
Discussion paper series // Forschungsinstitut zur Zukunft der Arbeit 5233
Abstract: 
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.
Subjects: 
financial regulation
financial development
emerging markets
financial inclusion
JEL: 
G1
G2
E58
F36
Document Type: 
Working Paper

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