Macro-prudential policy has become a norm after the outbreak of global financial crisis. The international bodies such as IMF and the Financial Stability Board (FSB) stated clearly that implementing macro-prudential policy should be central banks’ responsibility. It is a new concept and counter cyclical.
Read more on the opening remarks at the High Level Seminar of “Macro-prudential policy: Asian Perspective”…
Happy reading!
- Amar Ranu
No comments:
Post a Comment