Procyclicality of Financial Systems in Asia

Procyclicality of Financial Systems in Asia group work Wydawca: Palgrave Macmillan Data wydania: 2006 ISBN: 9780230547001 Liczba stron: 182 Format: 216 x 140 Rodzaj oprawy: Paperback / softback Opis produktu: Procyclicality of the financial system is a feature of any normally functioning economy. However, procyclicality can sometimes become excessive leading to undesired effects on the real economy. The challenge that this volume addresses is to define excessive and to identify policy actions that could produce superior outcomes.