The Limits of Surveillance and Financial Market Failure: Lessons from the Euro-Area Crisis

This book examines the effectiveness of surveillance by international institutions for financial crisis prevention. It discusses issues relating to designing effective micro- and macro-prudential policies, their mixes and their coordination with monetary policies for achieving financial stability while promoting better macroeconomic performance.

Author: K. Shigehara
Publisher: Palgrave MacMillan
Published: 12/15/2014
Pages: 226
Binding Type: Hardcover
Weight: 0.95lbs
Size: 8.50h x 5.50w x 0.56d
ISBN: 9781137471468

About the Author
Paul E. Atkinson, International Economic Policy Studies Association, USA Stephen H. Axilrod, Consultant, USA Gunter D. Baer, Consultant, Germany Adrian Blundell-Wignall, OECD, Australia Charles A.E. Goodhart, London School of Economics, UK André Icard, Prudential Supervision and Resolution Authority, France Val Koromzay, Consultant, USA Leif Pagrotsky, Consultant, Sweden Robert W.R. Price, International Economic Policy Studies Association, UK Caroline Roulet, OECD, France Jeffrey R. Shafer, Consultant, USA Carol Sirou, Standard & Poor's, France Nicholas J. Vanston, International Economic Policy Studies Association, UK William R. White, OECD, France