Galindo, Arturo; Rojas-Suárez, Liliana; Valle, Marielle del - Inter-American Development Bank - 2013
The importance of having in place a financial regulatory framework that includes macro-prudential regulations was fully … recognized during the recent global financial crisis. A central lesson from that episode was that relying on regulations that … regarding the implementation of macro-prudential financial regulations; that is, regulations that take into account risks at the …