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In this paper we propose a way forward towards increased financial resilience in times of growing disagreement concerning open borders, free trade and global regulatory standards. In light of these concerns, financial resilience remains a highly valued policy objective. We wish to contribute by...
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The crisis demonstrated that microprudential regulation focusing on the risks taken by individual banks is not …
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the goal of using regulation to maintain financial stability is clear, it is not obvious how to design an effective …
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