A simple and transparent framework for cost-benefit analysis of \leaning against the wind" (LAW), that is, tighter monetary policy for financial-stability purposes, is presented. LAW has obvious costs
This report examines the interplay between banking competition and financial stability, taking into account the experiences in the recent global crisis and the policy response to it. The report has be
Organisation for Economic Co-operation and Development80
This thesis analyzes how legal reforms, Basel III implementation, bank privatization, and state support measures have strengthened financial stability and investment attractiveness in Uzbekistan’s ban