The Implementation of Systemic Risk Management and the Reinforcing of Macro-Prudential Supervision – Vital Elements in Avoiding the Future Occurrence of a Financial Crisis Similar to The Present One
Some of the main reasons that led to the emergence of the ongoing financial crisis stem from insufficient risk management, the de-regulation of financial institutions, the lack of macro-prudential supervision and the implementation of the free/perfect markets model. This article analyzes and discuss...
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Format: | Article |
Language: | English |
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General Association of Economists from Romania
2009-09-01
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Series: | Theoretical and Applied Economics |
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Online Access: | http://www.ectap.ro/articole/409.pdf |