Arbeitspapier

Macroprudential policy frameworks in developing Asian economies

Over the last decade, developing Asia's deeper global financial linkages have been accompanied by greater financial integration. As the region becomes more interconnected, a key priority is to ensure that the dynamic environment is supported by better coordinated and potentially consistent macroprudential policies to adequately control systemic risks. Within the context of global financial developments, this paper presents a general macroprudential policy framework that highlights important aspects to conducting policy. It also provides an overview of how some Asian economies, New Zealand, and the euro area implement their macroprudential policies. It reviews existing macroprudential policy frameworks of five high-growth developing economies - Cambodia, Mongolia, Myanmar, Sri Lanka, and Viet Nam - identifying improvements and continuing challenges for their financial systems, which will likely grow more complex. Identifying and addressing key issues will help improve their existing macroprudential policy frameworks.

Sprache
Englisch

Erschienen in
Series: ADB Economics Working Paper Series ; No. 510

Klassifikation
Wirtschaft
Financial Crises
Financial Institutions and Services: Government Policy and Regulation
Economics of Regulation
Thema
developing Asia
financial stability
macroprudential framework
systemic risk

Ereignis
Geistige Schöpfung
(wer)
Lee, Minsoo
Gaspar, Raymond
Villaruel, Mai Lin C.
Ereignis
Veröffentlichung
(wer)
Asian Development Bank (ADB)
(wo)
Manila
(wann)
2017

DOI
doi:10.22617/WPS178676-2
Handle
Letzte Aktualisierung
10.03.2025, 11:42 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

  • Lee, Minsoo
  • Gaspar, Raymond
  • Villaruel, Mai Lin C.
  • Asian Development Bank (ADB)

Entstanden

  • 2017

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