Procyclicality of Financial Systems in Asia /

Procyclicality of the financial system is a feature of any normally functioning economy. However, procyclicality can sometimes become 'excessive' leading to undesired effects on the real economy. The challenge that this volume addresses is to define 'excessive' and to identify po...

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Bibliographic Details
Corporate Author: SpringerLink (Online service)
Other Authors: Gerlach, Stefan (Editor), Gruenwald, Paul (Editor)
Format: eBook
Language:English
Published: London : Palgrave Macmillan UK : Imprint: Palgrave Macmillan, 2006.
Series:Procyclicality of Financial Systems in Asia.
Subjects:
Online Access:Connect to the full text of this electronic book
Description
Summary:Procyclicality of the financial system is a feature of any normally functioning economy. However, procyclicality can sometimes become 'excessive' leading to undesired effects on the real economy. The challenge that this volume addresses is to define 'excessive' and to identify policy actions that could produce superior outcomes.
Item Description:Electronic resource.
Physical Description:1 online resource (XIV, 182 pages)
ISBN:9781137001535
DOI:10.1057/9781137001535