Demirgüç-Kunt, Asli (contributor); … - 2009
)
Keywords: Financial crisis, Regulation and Supervision, Safety Nets, Role of State in
Finance, Monetary Policy, Asset Bubbles …
without taking into account asset price inflation, and prudential regulation that does not
recognize systemic vulnerabilities …-spread calls for reforms
of regulation and supervision. The initial reaction to the emerging crisis was one of
disbelief: how …