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Abstract

The GFC has been judged as the worst financial crisis since the 1930s Great Depression, prompting profound reforms at both national and international levels. The foregoing analysis has detailed how it has challenged the capacity of four leading central banks to deal with financial risk, and necessitated further reforms. Drawing upon country-selected case studies, the following observations will conclude the arguments of this study.

Keywords

Monetary Policy Financial Market Financial Crisis Central Bank Financial Stability 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Miao Han 2016

Authors and Affiliations

  • Miao Han
    • 1
  1. 1.Durham UniversityUK

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