European Parliament Library

Addressing Interconnectedness :, Concepts and Prudential Tools, Nicolas Arregui, Mohamed Norat, Antonio Pancorbo, Jodi Scarlata, Eija Holttinen, Fabiana Melo, Jay Surti, Christopher Wilson, Rodolfo Wehrhahn, Mamoru Yanase

This paper reviews tools used to identify and measure interconnectedness and raises the awareness of policymakers as to potential cross-sectional implications of prudential tools aimed at controlling interconnectedness. The paper examines two sets of tools—developed at the IMF and externally—to identify the implications of interconnectedness in systemic risk and how these tools have been applied in IMF surveillance. The paper then proposes a preliminary framework to analyze some key internationally-agreed-upon and national prudential tools and finds that while many prudential tools are effective in reducing interconnectedness, the interaction among these tools is far less clear cut
Table Of Contents
Cover; Contents; I. Introduction; II. The role of interconnectedness analysis in addressing Systemic Risk; A. Analytical Tools to Assess Interconnectedness and Concentration; Tables; 1. Tools for Network Analysis; Boxes; 1. Use of Interconnectedness Analysis by the IMF; B. Use of Analytical Tools, their Complementary Nature, and Limitations; 2. Main Market-Based Measures Used at the IMF; C. Analysis of Interconnectedness and Policymaking; III. Prudential tools and interconnectedness; A. Cross-Sectional Prudential Tools: A Recent Review
Literary Form
non fiction
"September 2013."
Physical Description
1 online resource (59 p.)
Specific Material Designation
Form Of Item

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