Australia: financial safety net and crisis management framework--technical note
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Bibliographic Details
Main Author: Parker, David C., (David Cameron) (Author)
Format: Electronic eBook
Language:English
Published: Washington, D.C. International Monetary Fund, Monetary and Capital Markets Dept., Legal Dept. c2012
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Online Access:Volltext
Item Description:"This note was prepared by David Parker .. and Dinah Knight"--P. 4. - "November 2012."
Australia has a history of few bank failures, even fewer financial crises, and its banking sector emerged from the global financial crisis relatively well.1 With an eye toward international developments, the Australian authorities have taken commendable steps to strengthen the financial safety net and crisis management framework over the last several years. The Government's well-coordinated response to the global financial crisis included adopting significant legislative changes in October 2008 to put in place guarantee arrangements for retail deposits, among other enhancements to the financi
Physical Description:1 Online-Ressource (1 ebook.)
ISBN:9781475563054
1475563051

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