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- W2311313457 abstract "This paper surveys institutional arrangements for macroprudential policy in Asia. Central banks in Asia typically have a financial stability m andate, and play a key role in the macroprudential framework. Smaller and more open economies with prudential regulation inside the central bank tend to have institutional arrangements that give the central bank a leading role. In larger and more complex econom ies where prudential regulation is outside the central bank, the financial stability mandate is usually shared with other agencies and the government tends to play a leading role. Dom estic policy coordination is typically performed by a financial stability committee/o ther coordination body while cross-border cooperation is largely governed by Mem oranda of Understanding." @default.
- W2311313457 created "2016-06-24" @default.
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- W2311313457 date "2013-01-01" @default.
- W2311313457 modified "2023-09-27" @default.
- W2311313457 title "Institutional Arrangements for Macroprudential Policy in Asia Prepared by Cheng Hoon Lim, Rishi Ramchand, Hong Wang and Xiaoyong Wu" @default.
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