Financial globalisation: Is it a threat to key central bank functions? The case of Mauritius
Journal of Financial Regulation and Compliance
ISSN: 1358-1988
Article publication date: 1 March 2002
Abstract
There has been much discussion over recent years of the likely impact of ‘financial globalisation’ on the financial services sector specifically and on the stability of national economies. This paper examines how and to what extent the ‘threats’ from financial globalisation manifest themselves in relation to the functions of regulation and supervision carried out by central banks. A theoretical perspective on these issues is put forward followed by an analysis of the specific case of a small island economy which is embracing financial liberalisation and competition, Mauritius.
Keywords
Citation
Adams, J. (2002), "Financial globalisation: Is it a threat to key central bank functions? The case of Mauritius", Journal of Financial Regulation and Compliance, Vol. 10 No. 1, pp. 55-67. https://doi.org/10.1108/13581980210810120
Publisher
:MCB UP Ltd
Copyright © 2002, MCB UP Limited