A report published by the Bank for International Settlements outlines how major economies could achieve closer co-ordination of macro-prudential policies, boosting their effects.
BIS deputy general manager Luiz Pereira da Silva and Manchester University’s Pierre-Richard Agénor argue improved reciprocity could be underpinned by greater analytical influence from global bodies including the BIS, International Monetary Fund and Financial Stability Board (FSB).
Highlighting the significance of glob
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