Part V: International Cooperation
Author: Mr. Omotunde E. G. Johnson
Language:
English
Keywords:
SEM; market; bank; rating; market participant; market discipline; IMF surveillance; risk profile; government regulator; Financial sector stability; Credit; Credit risk; Financial Sector Assessment Program; Global; Europe; Southeast Asia; East Asia; Asia and Pacific

Abstract

The economic crises in the 1990s have galvanized international support for strengthening the international financial system. This task includes developing financial sector risk assessments and policies to lessen the likelihood of crises and reduce their severity when they do occur. Meeting these objectives for fostering sound financial systems calls for national authorities, international financial organizations, regulatory and standard-setting bodies, and the private sector to pool resources and expertise as part of a broad-based, international cooperative effort.

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Cover Financial Risks, Stability, and Globalization
Financial Risks, Stability, and Globalization
Author: Mr. Omotunde E. G. Johnson
ISBN:
9781589060128
Publication Date:
29 Apr 2002
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781589060128.072
Pages:
570