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Procyclicality of Financial Systems in Asia:

Procyclicality of Financial Systems in Asia:

Hardcover

Series: Procyclicality of Financial Systems in Asia

EconomicsInvesting & FinanceManagement

ISBN10: 1403987513
ISBN13: 9781403987518
Publisher: Springer Nature
Published: Jun 28 2006
Pages: 182
Weight: 0.77
Height: 0.63 Width: 5.75 Depth: 8.84
Language: English
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.

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