Defining Financial Stability And A Framework For Safeguarding It

Financial stability is as important a policy objective as maintaining monetary stability if economic growth and stability are to be achieved and sustained. A prerequisite for more effective official oversight is the development and implementation of a better framework for assessing the ability of the financial system to perform its key economic functions, i.e. matching needs of savers and investors, providing transactions and payments services; risk pricing, spreading, sharing, and management; and the production, processing, and monitoring of information.

Provided by: Central Bank of Chile Topic: CXO Date Added: Apr 2010 Format: PDF

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