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Macroprudential policy: conceptual positions

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Author(s): Cuhal Radu | Stariţîna Ludmila

Journal: Economy and Sociology
ISSN 1857-4130

Start page: 47;
Date: 2013;
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Keywords: Macroprudential policy | Macroprudential instruments | Financial stability | Systemic risk | Financial market | Banks liquidity

ABSTRACT
The article explains the conceptual principles of macroprudential policy, its main objectives and instruments. The classification of macroprudential policy tools of the Committee on the Global Financial System is defined. The comparative characteristics of macro-prudential policy in the Western developed countries are also examined.

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