Download or read book Financial Stability in a Changing Environment written by Zenta Nakajima and published by Springer. This book was released on 2016-07-27 with total page 540 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book prominent academics and central bankers explore the framework for securing financial stability in a changing environment. The papers focus in particular on the following crucial issues for central banks and regulatory institutions around the world: (i) the implications of recent changes in the financial system worldwide for financial stability; (ii) an optimal design of prudential policy; and (iii) the relationship between the two ultimate goals of central banks - price stability and financial stability.