Arbeitspapier

An international rule system to avoid financial instability

In a series of summits, leading countries of the world will meet to draw up an international arrangement for financial stability. Such a rule system should prevent a financial crisis as we have seen it in 2007 and 2008. It should include appropriate principles of monetary policy, rules for financial soundness and agreements on the role of prudent regulation. The paper discusses the lessons from the subprime crisis, failures of regulation, crisis management in the US and in the EU and considers the problems that have to be solved by an international rule system.

Sprache
Englisch

Erschienen in
Series: Kiel Working Paper ; No. 1461

Klassifikation
Wirtschaft
International Economic Order and Integration
International Monetary Arrangements and Institutions
International Finance Forecasting and Simulation: Models and Applications
Economic Systems: General
Thema
Financial instability
lessons from the subprime crisis
failures of regulation
crisis management
elements of an international rule system
role of the IMF

Ereignis
Geistige Schöpfung
(wer)
Siebert, Horst
Ereignis
Veröffentlichung
(wer)
Kiel Institute for the World Economy (IfW)
(wo)
Kiel
(wann)
2008

Handle
Letzte Aktualisierung
10.03.2025, 11:41 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Siebert, Horst
  • Kiel Institute for the World Economy (IfW)

Entstanden

  • 2008

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