Financial stability, economic growth, and the role of law /

Financial crises have become an all too common occurrence over the past twenty years, largely as a result of changes in finance brought about by increasing internationalization and integration. As domestic financial systems and economies have become more interlinked, weaknesses can significantly imp...

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Bibliographic Details
Main Author: Arner, Douglas W. (Author)
Format: Electronic eBook
Language:English
Published: Cambridge : Cambridge University Press, 2007.
Subjects:
Online Access:CONNECT
Description
Summary:Financial crises have become an all too common occurrence over the past twenty years, largely as a result of changes in finance brought about by increasing internationalization and integration. As domestic financial systems and economies have become more interlinked, weaknesses can significantly impact not only individual economies but also markets, financial intermediaries, and economies around the world. This volume addresses the twin objectives of financial development in the context of financial stability and the role of law in supporting both. Financial stability (frequently seen as the avoidance of financial crisis) has become an objective of both the international financial architecture and individual economies and central banks. At the same time, financial development is now seen to play an important role in economic growth. In both financial stability and financial development, law and related institutions have a central role.
Item Description:Title from publisher's bibliographic system (viewed on 05 Oct 2015).
Physical Description:1 online resource (vii, 344 pages) : digital, PDF file(s).
ISBN:9780511511431 (ebook)