Financial Regulation and National Economic Resilience Departement of Public Administration
Financial regulation and national economic resilience. This study examines the impact of financial regulations on national economic resilience. The importance of effective financial regulation in maintaining financial stability and encouraging economic growth is undeniable. However, the complexity of the financial system and the interconnectedness of the economy pose significant challenges for regulators. This study uses a combination of econometric and machine learning techniques to analyze the relationship between financial regulation and national economic resilience. The results show that strong financial regulation is very important in improving the resilience of the national economy. The study found that effective regulation of banking and non-bank financial institutions, as well as a strong macroprudential policy framework, are critical in mitigating the impact of economic shocks on the national economy. Furthermore, this study highlights the importance of coordination and cooperation between regulatory authorities, financial institutions, and the government in improving the resilience of the national economy. The findings of this study have significant implications for policymakers and regulators who seek to promote financial stability and economic growth. The results of this study underscore the need for a comprehensive approach to financial regulation, which takes into account the interconnectedness of the economy and the complexity of the financial system.
Authors
- Indra Saputra (ORCID: https://orcid.org/0009-0000-6694-4280)
Institutions
- Universitas Merdeka Malang (ID)
Publication Details
- Journal
- Journal of Social Policy and Development Studies
- Published
- 2024-12-27
- DOI
- https://doi.org/10.65119/jspds.v1i2.14
- Primary Topic
- Insurance and Financial Risk Management
- Type
- article
- Field-Weighted Citation Impact
- 0.00