The Macroprudential supervision in the aftermath of the 2008 global financial crisis: the US example /

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2015

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Dervişler, Olgu

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In 2008, the world economies have come across with a severe economic depression which is one of the biggest economic crises in the history. In the aftermath of the 2008 Global Financial Crisis, the role of the surveillance mechanisms on the provision of financial robustness and soundness has been discussed by many scholars. In this period, the significance of monitoring, assessing and controlling the systemic risk has been emphasized by the policymakers. On the other hand, it has become a current issue that strengthening policies and using macroprudential measures which are used to monitor the financial system in a holistic way would be important to provide financial stability. In the post-crisis period, in the US as a direct response to the crisis, new supervisory institutions have been established and a comprehensive Act named Dodd-Frank Wall Street Reform has been put into action. In order to promote financial stability and soundness, the US authorities have made structural changes to bring macroprudential approach in the market. In this thesis, the emergence of the macroprudential approach on the aversion of prospective financial crises will be examined in the US case in the aftermath of the 2008 Global Financial Crisis.

Subject Keywords

Financial crises., Global Financial Crisis, 2008-2009., Financial crises

URI

http://etd.lib.metu.edu.tr/upload/12619417/index.pdf
https://hdl.handle.net/11511/25140

Collections

Graduate School of Social Sciences, Thesis

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Citation Formats

O. Dervişler, “The Macroprudential supervision in the aftermath of the 2008 global financial crisis: the US example /,” M.S. - Master of Science, Middle East Technical University, 2015.