ABSTRACT

Reflections on Regulatory Responses to the Covid-19 Pandemic   [open pdf - 0B]

From the Introduction: "The Covid-19 [coronavirus disease 2019] pandemic raises the prospect of a deep recession. Hence the unprecedentedly broad-based policy response. To cushion the economic blow, the authorities have deployed not only monetary and fiscal policies but also prudential regulation and supervision and other financial policies. What types of financial measure have been implemented? What is their rationale? What are their pros and cons? In this article we address these questions based on a simple framework and a set of principles that can guide the assessment."

Report Number:
FSI Briefs No. 1; Financial Stability Institute Briefs No. 1
Author:
Publisher:
Date:
2020-04
Series:
Copyright:
2020 Bank for International Settlements
Retrieved From:
Bank for International Settlements: https://www.bis.org/
Media Type:
application/pdf
URL:
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