Financial Sector Regulation and Reforms in Emerging Markets: An Overview

Eswar Prasad

No 16428, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: This paper provides an overview of the complex conceptual and practical challenges that emerging market economies face as they attempt to reform their frameworks for financial regulation. These economies are striving to balance the quest for financial stability with the imperatives of financial development and broader financial inclusion. I argue that these objectives can in fact reinforce one another. I also discuss aspects of macroeconomic policies and cross-border regulation that have implications for financial stability and the resilience of the financial sector in emerging markets.

JEL-codes: E44 E52 G18 (search for similar items in EconPapers)
Date: 2010-10
Note: IFM
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Citations: View citations in EconPapers (39)

Published as “Financial Sector Regulation and Reforms in Emerging Markets: An Overview,” in Financial Sector Reforms in Emerging Markets , edited by Masahiro Kawai and Eswar Prasad, Brookings Institution Press, 2011. NBER Working Paper No. 16428 .

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Working Paper: Financial Sector Regulation and Reforms in Emerging Markets: An Overview (2010)
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