Financial Crises, Macroeconomic Management, and Financial Regulation

Dear Colleagues,

We are at the tenth anniversary of the 2007–2009 global financial crisis, characterized by record numbers of defaults, massive disruptions in asset and credit markets, and devastating effects on the broader economy. While boom–bust cycles and recurrent crises have been familiar features of the economic landscape for much longer than that, the global financial crisis—given its epicentre, depth, and breadth—has been a wake-up call for rethinking macroeconomic management and financial regulation.

This Special Issue aims to take stock of the latest theoretical and empirical advances in research on financial crises. Topics of interest include, but are not limited to, the causes and consequences of financial crises, policies to reduce their likelihood and mitigate their impact, lessons learned from various crises in a range of countries, progress on the international financial reform agenda and work that remains to be done.    

Dr. Deniz Igan
Guest Editor

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