The role of macro-prudential policy in the prevention and correction of imbalances in the euro area
The euro area suffers from economic and financial imbalances between its members. Macro-prudential policy can help remedy this in as much as it can be deployed both at euro area level and Member State level. A macro-prudential policy framework to regulate financial cycles at Member State level and improve the resilience of systemic groups at euro area level would improve the economic and financial stability of the euro area and each of its members. Drawing on an inventory of the current practices and the teachings of recent academic work, we have formulated 15 proposals which aim to identify effective macro-prudential instruments to achieve this stability and, in a context of institutional transformation (Banking Union, Brexit, etc.) likely to facilitate changes, to streamline the institutional framework.
Študija
Zunanji avtor
Jézabel Couppey-Soubeyran, Salim Dehmej
O dokumentu
Vrsta publikacije
Politično področje
Ključna beseda
- bančna unija EU
- centralna banka
- denarni odnosi
- denarno poslovanje
- ekonomske analize
- euroobmočje
- EVROPSKA UNIJA
- FINANCE
- finance EU
- finančna kontrola
- finančna stabilnost
- finančni instrument EU
- finančni trg
- gospodarska stabilizacija
- gospodarske razmere
- gospodarsko sodelovanje
- GOSPODARSTVO
- kreditna institucija
- kreditne in finančne institucije
- makroekonomija
- MEDNARODNI ODNOSI
- nadzor trga
- politika sodelovanja
- proračun
- prost pretok kapitala
- TRGOVINA
- trgovinska politika