Explain what is meant by the term “financial stability” and discuss the underlying trends that have prompted policymakers to give greater emphasis to financial stability as an economic objective.

Essay specific features

 

Issue:

Business

 

Written by:

Timothy B

 

Date added:

March 12, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

7 / 1911

 

Was viewed:

5163 times

 

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Essay content:

Central Banks have become extra aware of financial stability issue, which today is one of their core principles, along with price stability. The emergence of innovative instruments gave banks the opportunity to face current financial problems. However, the issue of uncertainty is still present, since it is not always possible for a financial system to be in a good condition...
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The emergence of innovative instruments gave banks the opportunity to face current financial problems. However, the issue of uncertainty is still present, since it is not always possible for a financial system to be in a good condition. There is a wide range of aspects that overlap each other and cause disturbances within financial world and these need to be somehow prevented, yet if not prevented then minimized...
displayed 300 characters

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