Financial sector regulation for growth, equity and stability

The financial crisis has demonstrated the need to better understand the complex interactions between the financial system and the real economy. While stability has become the main focus of the regulatory changes, the implications for growth and equity are also important. To think through these issues and provide an emerging market perspective, CAFRAL, in collaboration with the Bank for International Settlements, organised an international conference of central banks and regulators on "Financial regulation and its implications for growth equity and stability in the post crisis world" in Mumbai on 15th and 16th November 2011.

Several international experts and 26 representatives from 21 central banks/regulators joined Reserve Bank of India's Governor Duvvuri Subbarao and BIS General Manager Jaime Caruana at this conference. This volume is a collection of the speeches, papers and summaries of discussions in the conference.

Financial Sector Regulation for Growth, Equity and Stability in the Post Crisis World

	Title	Languages
	Financial regulation for growth, equity and stability in the post-crisis world by Duvvuri Subbarao	EN
	Financial and real sector interactions: enter the sovereign "ex machina" by Jaime Caruana	EN
	Overview by Usha Thorat	EN

Special address: Financial sector regulation and macroeconomic policy

	Title	Languages
	Financial sector regulation and macroeconomic policy by YV Reddy	EN
	Summary of the discussion	EN

Financial Sector Regulation for Growth

	Title	Languages
	Opening remarks by Andrew Sheng	EN
	Financial Sector Regulation and Implications for Growth by Anand Sinha	EN
	Summary of the discussion	EN

Financial Sector Regulation for Equity

	Title	Languages
	Session II: Chair's initial remarks by Stephany Griffith-Jones	EN
	Too big to fail versus too small to be counted by M S Sriram and Vaibhav Chaturvedi	EN
	Summary of the discussion	EN

Financial Sector Regulation for Stability

	Title	Languages
	Session III: Introductory remarks by John Lipsky	EN
	Macroprudential policies in EMEs: theory and practice by Philip Turner	EN
	Summary of the discussion	EN