tag:blogger.com,1999:blog-6297413898275266606.post6191246057750634399..comments2024-03-27T18:15:59.096+08:00Comments on Economics Malaysia: Rethinking Central Bankinghishamhhttp://www.blogger.com/profile/06265308095732759923noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-6297413898275266606.post-64736150867550885012011-09-21T09:30:26.484+08:002011-09-21T09:30:26.484+08:00Lovely comments, bro. tabik, tabik.
I won't a...Lovely comments, bro. tabik, tabik.<br /><br />I won't argue with any of it, except perhaps having an independent regulator. There's pros and cons of course (not least concentration of power), but might not having one agency being responsible for both financial stability and economic stability make as much sense? Even with blind spots, there's something to be said for having a hishamhhttps://www.blogger.com/profile/06265308095732759923noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-24820910641210891712011-09-20T21:08:21.356+08:002011-09-20T21:08:21.356+08:00refer here on the full text by FRB Chair quoted ab...refer <a href="http://www.federalreserve.gov/newsevents/speech/bernanke20100616a.htm" rel="nofollow">here</a> on the full text by FRB Chair quoted abovesatDhttps://www.blogger.com/profile/03495554463280249599noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-91369428203768549182011-09-20T19:55:54.873+08:002011-09-20T19:55:54.873+08:00The key lies in proper mapping of exposures linked...The key lies in proper mapping of exposures linked via a Single Entity ID either domestically or globally (for cross border), together with proper understanding of inter-market linkages and the relevant risk factors that can pose systemic risks to the system (eg: default, withdrawal etc)<br /><br />All of which can be done with the current development of database and telecommunication technologysatDhttps://www.blogger.com/profile/03495554463280249599noreply@blogger.comtag:blogger.com,1999:blog-6297413898275266606.post-78268515538230174132011-09-20T19:46:56.773+08:002011-09-20T19:46:56.773+08:00"Financial stability should be an explicit ma..."Financial stability should be an explicit mandate of central banks"<br /><br />Explicit but not Exclusive bro hishamh<br /><br />Most financial regulatory systems throughout the world are designed primarily to ensure the soundness of individual institutions. The failure of large, complex, and interconnected financial firms can disrupt the broader financial system and the overall satDhttps://www.blogger.com/profile/03495554463280249599noreply@blogger.com