A key lesson of the 2007–2009 global financial crisis (GFC) was the importance of containing systemic financial risk and the need for a “macroprudential†approach to surveillance and regulation that can identify system-wide risks and take appropriate actions to maintain...

This paper seeks to add to the current debate about financial development and growth in the emerging world by looking at how different financial systems evolve : how and why financial structures change during various stages of development, how best to measure them, and seeing what practical...

The Centre for Policy Dialogue(CPD) has been carrying out the Executive Opinion Survey in collaboration with World Economic Forum (WEF) since 2001.This is the tenth survey. Along with WEF’s Executive Opinion Survey (based on questionnaires developed by the WEF) ,CPD also conducted seventh...