IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-0-230-11801-0_8.html
   My bibliography  Save this book chapter

The Role of the International Financial Architecture in Crisis Prevention and Crisis Management

In: Governing Global Finance

Author

Listed:
  • Anthony Elson

Abstract

The emergence of the global financial crisis in 2008–9 was clear evidence of a system failure of the IFA in terms of crisis prevention. Although some policy analysts and institutions were raising concerns about the build-up of risk within the “shadow” banking system and the sustainability of global imbalances, most policy makers in the advanced countries were not prepared for the severity and swiftness of the events that transpired in the final quarter of 2008. Why then was the IFA unable to prevent the outbreak of crisis, given its responsibility for maintaining global financial stability? Once the crisis erupted, how has the IFA responded in terms of crisis management? These are the major questions that this chapter attempts to address.

Suggested Citation

  • Anthony Elson, 2011. "The Role of the International Financial Architecture in Crisis Prevention and Crisis Management," Palgrave Macmillan Books, in: Governing Global Finance, chapter 0, pages 149-176, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-11801-0_8
    DOI: 10.1057/9780230118010_8
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-0-230-11801-0_8. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.