Session I. The Financial Crisis—Where Are We Now, and What Are the Prospects for Unwinding Public Interventions in the Financial Sector?
Author: Mr. Udaibir S Das
Language:
English
Keywords:
SEM; bank; market; policy coordination; private sector constituent; core element; assessment process; agenda of the Financial Stability Board; Financial sector; Fiscal stimulus; Central bank policy rate; Global; Middle East; Europe; liquidity management policy; emerging market economy; bank liabilities guarantee; bank capital regulation; bank leverage ratio

Abstract

The leverage-led growth model—a combination of excessive leverage in the financial system, overindebtedness of households, low interest rates, and global imbalances—was at the heart of the crisis.

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Cover Unwinding Financial Sector Interventions
Unwinding Financial Sector Interventions
Preconditions and Practical Considerations
Author: Mr. Michael G. Papaioannou and Mr. Udaibir S Das
ISBN:
9781589069893
Publication Date:
04 Oct 2010
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781589069893.072
Pages:
94