PART II: Analytical Focus: Strengthening Financial Systems
Author:
International Monetary Fund. European Dept.
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Language:
English
Print Publication Date:
15 Nov 2007
Keywords:
REO; market; economy; financial system; Europe's financial systems; market liquidity; policy agenda; Financial integration; Europe

Abstract

Following a period of sustained progress in financial deepening, innovation, and integration, turbulence has recently been testing Europe’s financial systems. The transformation of these systems has generally been beneficial, but financial sector efficiency still has considerable upward potential, and new policy challenges and risks have surfaced. Against this background, strengthening financial systems has become more important than ever. Each of the following chapters focuses on a priority area of reform: advanced economies need to tune up the efficiency and resilience of financial systems; converging economies in emerging Europe need to manage rapid financial deepening; and all emerging economies need to sustain development of their financial systems.

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Cover Regional Economic Outlook, November 2007, Europe
Regional Economic Outlook, November 2007, Europe
Strengthening Financial Systems
ISBN:
9781589066748
ISSN:
2071-4157
Publication Date:
15 Nov 2007
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781589066748.086
Pages:
73

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