Global financial crises have demonstrated that monetary policy is not the only approach for stabilisation and robust microprudential regulation and supervision are not sufficient to mitigate risks to financial system stability. These lessons imply that policymakers especially financial authorities including the central bank have to continually focus on strengthening financial system stability. Although all out efforts to avoid a crisis will not assure zero financial crisis in the future the preparation for crisis prevention and resolution are absolute necessities. The central bank should be accountable for implementing procedures for maintaining and promoting financial system stability.
-
About Us
-
Events
-
Publications
-
About The SEACEN Centre
-
The Centre's Governance
-
Courses
