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Abstract

The fifth and final element in effecting a cure for crises is better supervision. This has two aspects: micro-supervision, or the supervision of individual institutions, and macro-supervision, or the supervision of the financial system as a whole, including its interaction with macroeconomic policy, especially monetary policy.

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© 2011 Thomas F. Huertas

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Huertas, T.F. (2011). Better Supervision. In: Crisis: Cause, Containment and Cure. Palgrave Macmillan, London. https://doi.org/10.1057/9780230321359_11

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