Free Private Finance and Public Policy

Private Finance and Public Policy
By:Mr. Garry J. Schinasi
Published on 2004-07-01 by International Monetary Fund

This paper articulates a logical foundation-drawn from disparate literatures-for understanding why safeguarding financial stability is an important economic policy objective. The paper also explains why private aspects of finance provide broader social economic benefits and have the characteristics of public goods. Unique aspects of finance are examined, as are the linkages between finance, money, and the real economy. Sources of market imperfections in finance are identified and their implications are analyzed. The arguments imply that reaping the full private and social economic benefits of finance requires both private-collective and public-policy involvement as well as a delicate balance between maximizing the benefits of positive externalities (and public goods) and minimizing the costs (including potential instabilities) of other sources of market imperfections in finance.

This Book was ranked at 8 by Google Books for keyword finance.

Book ID of Private Finance and Public Policy's Books is 99L_hhCSSsYC, Book which was written byMr. Garry J. Schinasihave ETAG "0F8af7MENok"

Book which was published by International Monetary Fund since 2004-07-01 have ISBNs, ISBN 13 Code is 9781451899702 and ISBN 10 Code is 145189970X

Book which have "43 Pages" is Printed at BOOK under CategoryBusiness and Economics

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