Instead, regional stability will depend on China's success
at reducing systemic risks to its financial system — which it aims to accomplish primarily by controlling the pace of credit expansion (see Figure 1) and by gradually deleveraging its state - owned enterprises, or SOEs.
Not exact matches
Macroprudential is a term used to describe financial policies that are aimed
at minimizing or eliminating
risks to the financial system as a whole — think of it like a blanket, nation - wide policy that's used to eliminate or
reduce systemic risk within our country's economy.
«The situation
at the moment is so desperate that we need to do everything we can to
reduce overall
systemic climate
risk, and that includes offsets,» said Martijn Wilder, a leading environmental lawyer
at Baker & McKenzie, based in Sydney.