International Financial Reform: Regulatory And Other Issues

John HAWKINS, Philip Turner

Research output: A Conference proceeding or a Chapter in BookChapter


This chapter reviews how various mechanisms of prudential oversight over the financial system can help make an economy more resistant to contagious financial shocks.1 Other policy measures that play a useful role in some circumstances — such as capital controls, lender of last resort arrangements and the choice of exchange rate regime — are mentioned only tangentially as they are covered in the chapter by Chang and Majnoni.
Original languageEnglish
Title of host publicationInternational Financial Contagion
EditorsStijn Claessens, Kristin J. Forbes
Place of PublicationUSA
Number of pages31
ISBN (Electronic)9781475733143
ISBN (Print)9781441948762
Publication statusPublished - 2001
Externally publishedYes

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