About this document

Macro vs Micro-Prudential Regulation by aparichit sharma is a document available to read on EtoBox.

The document discusses the limitations of micro-prudential regulation in addressing systemic risks in the banking sector, emphasizing that it often overlooks the collective behavior of financial institutions during crises. It advocates for a macro-prudential approach that considers the systemic implications of financial activities and promotes counter-cyclical regulations to mitigate risks during economic booms and busts. The text also critiques the role of credit rating agencies and suggests reforms to enh

Author

aparichit sharma

Language

EN