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Monitoring The Soundness Of The Financial Sector (pp. 45-76) $25.00
Authors:  Bhattacharyay, Biswa N. (Regional Economic Monitoring Unit, Asian Development Bank)
Abstract:
As financial sector are highly vulnerable to instability and systemic risk, monitoring these sectors assumes great importance in light of the severity and frequency of financial crises, especially the combined currency and banking collapses of the past decade, such as recent Asian financial crisis. To prevent future crises and financial instability or to minimize their impacts in the region, there is a need to strengthened regional economic monitoring activities Monitoring the soundness of the financial sectors of countries is a challenging task. Further, monitoring can be carried out at different levels the markets, the firms, consumers, policymakers, regional and international financial institutions with each level having differing approaches and objectives. 


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Monitoring The Soundness Of The Financial Sector (pp. 45-76)