Macro Prudential Supervision and the Financial Crisis of 2007: The Aegis of the Central Banks

Macro Prudential Supervision and the Financial Crisis of 2007: The Aegis of the Central Banks

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Macro Prudential Supervision and the Financial Crisis of 2007: The Aegis of the Central Banks

One key element which has risen like the phoenix from the ashes of the financial crisis of 2007 is the concept of Macro-Prudential Supervision contrary to the soft touch regulation now widely accepted as the predominant reason for fueling the crisis.

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