International Capital Mobility and Financial Fragility - Part 7. Enhancing Financial Stability Country-Specific Evidence on Financial Account and Structural Policy Positions

This paper brings together the results from new empirical analysis on how – under international capital mobility – financial account structure and structural policies can contribute to financial stability. More specifically, the analysis has identified features of financial accounts and structural p...

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Bibliographic Details
Main Author: Ahrend, Rudiger (-)
Other Authors: Valdivia, Carla
Format: eBook Section
Language:Inglés
Published: Paris : OECD Publishing 2012.
Series:OECD Economics Department Working Papers, no.970.
Subjects:
See on Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009703635206719
Description
Summary:This paper brings together the results from new empirical analysis on how – under international capital mobility – financial account structure and structural policies can contribute to financial stability. More specifically, the analysis has identified features of financial accounts and structural policy settings that are associated with financial fragility, and this paper presents information on these features and policy settings across a wide set of countries. A first set of charts present stability-relevant dimensions of the financial account for OECD economies and the BRIICS. A second set of charts shows how countries' financial account structure evolved in the decade prior to the global financial crisis, highlighting substantial increases in financial vulnerability in countries that were subsequently strongly affected by the crisis. Finally, a third set of charts presents countries' stances on selected structural policies that are conducive to financial stability.
Physical Description:1 online resource (54 p. )