Dealing with the challenges of macro financial linkages in emerging markets by Otaviano Canuto and Swati R. Ghosh published by World Bank (11/2013). “The 2008 financial crisis has emphasized the importance of macro financial linkages. In the financial sector, attention is now focusing on macro prudential regulations that are geared toward the stability of the financial system as a whole. In the macro arena, the recognition that price stability, was not sufficiente to guarantee macroeconomia stability…”
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