01951cas a2200277 a 4500 AALejournalIMF006302 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451963021 1018-5941 BD-DhAAL BD-DhAAL Claessens, Stijn. Lessons and Policy Implications from the Global Financial Crisis / Stijn Claessens, Luc Laeven, Deniz Igan, Giovanni Dell'Ariccia. Washington, D.C. : International Monetary Fund, 2010. 1 online resource (40 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 ongoing global financial crisis is rooted in a combination of factors common to previous financial crises and some new factors. The crisis has brought to light a number of deficiencies in financial regulation and architecture, particularly in the treatment of systemically important financial institutions, the assessments of systemic risks and vulnerabilities, and the resolution of financial institutions. The global nature of the financial crisis has made clear that financially integrated markets, while offering many benefits, can also pose significant risks, with large real economic consequences. Deep reforms are therefore needed to the international financial architecture to safeguard the stability of an increasingly financially integrated world. Mode of access: Internet Dell'Ariccia, Giovanni. Igan, Deniz. Laeven, Luc. IMF Working Papers; Working Paper ; No. 2010/044 Full text available on IMF http://elibrary.imf.org/view/journals/001/2010/044/001.2010.issue-044-en.xml IMF e-Library