01755cas a2200301 a 4500 AALejournalIMF003233 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451859546 1018-5941 BD-DhAAL BD-DhAAL Schinasi, Garry. Defining Financial Stability / Garry Schinasi. Washington, D.C. : International Monetary Fund, 2004. 1 online resource (19 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The main objective of this paper is to propose a definition of financial stability that has some practical and operational relevance. Financial stability is defined in terms of its ability to facilitate and enhance economic processes, manage risks, and absorb shocks. Moreover, financial stability is considered a continuum: changeable over time and consistent with multiple combinations of the constituent elements of finance. The paper also discusses several practical implications of the definition that should be considered when using it for policy analysis or developing an analytical framework. Mode of access: Internet Economy imf Finance imf Financial System imf Market imf WP imf IMF Working Papers; Working Paper ; No. 2004/187 Full text available on IMF http://elibrary.imf.org/view/journals/001/2004/187/001.2004.issue-187-en.xml IMF e-Library