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Governance of macroprudential policy

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Zeitschrift für öffentliches Recht

Zusammenfassung

Die Finanzkrise 2007 hat deutlich gemacht, dass die Notwendigkeit einer effizienten macroprudential policy immer größer wird. In diesem Beitrag stellen wir die entsprechenden Instrumente vor, die in der EU in der Folge der Krise entwickelt wurden, beleuchten die dahinterstehenden theoretischen Ansätze und skizzieren nach einer kurzen Vorstellung der entsprechenden Verfahren im Vereinigten Königreich, Frankreich und den USA, wie macroprudential policy in den Niederlanden, dem Heimatland der Autoren, organisiert werden sollte.

Abstract

The need for an improved macroprudential policy with regard to the financial markets turned evident in the course of the financial crisis since 2007. In this paper we introduce the new respective policies that have been introduced in the EU in the wake of the crisis, shed some light on the underlying conceptions, and, after a brief introduction of the systems applied in the UK, France, and the United States, outline how macroprudential policy might be introduced in the Netherlands, our country of origin.

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Correspondence to Remco van der Molen.

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de Haan, J., Houben, A. & van der Molen, R. Governance of macroprudential policy. Z öffentl Recht 67, 283–302 (2012). https://doi.org/10.1007/s00708-012-0137-3

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