Paul Tucker is the author of Unelected Power, a Fellow at the Harvard Kennedy School, and a former central banker.

LONG BIO

Is There Macroprudential Policy without International Cooperation?

 Stephen G. Cecchetti and Paul M.W. Tucker, Asia Economic Policy Conference

In this paper we address three questions: (1) Does global finance require a common prudential standard? (2) Does global finance require international cooperation in overseeing the system’s safety and soundness? And (3), does global finance require notification, cooperation, and coordination of dynamic regulatory policy adjustments? 

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