IMF paper says ‘one size does not fit all’ with macro-prudential frameworks
Working paper examines use of macro-prudential policy in five countries
Evidence from five countries that have deployed macro-prudential policies confirms there is more than one institutional set-up that can work, according to research published by the International Monetary Fund, which concludes "one size does not fit all".
In the working paper, Experiences with macroprudential policy – five case studies, Salim Darbar and Xiaoyong Wu examine the use of macro-prudential policies in Hong Kong, the Netherlands, New Zealand, Singapore and Sweden.
"The analysis shows
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