TY - BOOK AU - Mishra, Rabi N. TI - Systemic risk and macroprudential regulations: global financial crisis and thereafter SN - 9789353285425 U1 - 339.5 MIS-R PY - 2019/// CY - India PB - Sage Publications KW - Monetary policy KW - Global Financial Crisis (2008-2009) KW - Economic policy N1 - 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 emphasises ‘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 ER -