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Developing a framework for effective financial crisis management
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LaBrosse, John Raymond and Singh, Dalvinder (2011) Developing a framework for effective financial crisis management. Financial Market Trends (2).
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Official URL: http://www.oecd.org/finance/financial-markets/4919...
Abstract
This article discusses the roles and responsibilities of the various agencies that are part of the financial system safety net, and it sets out a framework for the decision-making process for these actors in the management of a financial crisis. In this context, the article discusses issues of micro- and macro-prudential oversight and argues that more needs to be done to ensure accountability, independence, transparency and integrity of the various actors of the financial system safety net.
Item Type: | Journal Article | ||||
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Subjects: | H Social Sciences > HG Finance K Law [Moys] > KN Common Law, Private Law |
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Divisions: | Faculty of Social Sciences > School of Law | ||||
Library of Congress Subject Headings (LCSH): | Banks and banking, Bank failures -- Law and legislation, Financial institutions -- Law and legislation, Banking law, Crisis management, Financial crises | ||||
Journal or Publication Title: | Financial Market Trends | ||||
Publisher: | Organisation for Economic Cooperation and Development (O E C D) | ||||
Official Date: | 2011 | ||||
Dates: |
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Number: | 2 | ||||
Status: | Peer Reviewed | ||||
Publication Status: | Published | ||||
Access rights to Published version: | Open Access (Creative Commons) |
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