Acknowledgements -- Introduction -- The practice of macroprudential policy -- Preliminaries -- The design of macroprudential policy -- The institutions of macroprudential policy -- The instruments of macroprudential policy -- The conduct of macroprudential policy -- The theory of macroprudential...

The years leading up to the financial crisis are widely acclaimed as a period of remarkable, if not unprecedented, stability in the global economy. From a perspective that focuses on the value and volume of gross domestic product, that assessment is valid. The world’s major economies enjoyed a...