Counter-cyclical and Cross-cyclical Adjustments in the Context of Financial Crises

DOI

10.2991/978-94-6463-542-3_37How to use a DOI?

Keywords

component; Counter-cyclical adjustment; Cross-cyclical adjustment; Financial crisis; Subprime crisis; Asian financial crisis

Abstract

Against the backdrop of global financial integration, counter-cyclical adjustments are employed to tackle short-term financial crises, stabilize market expectations, and prevent risk contagion. Cross-cycle adjustments, on the other hand, focus on long-term economic issues, aiming to optimize economic structures and financial systems. Policy-making requires a comprehensive utilization of both adjustments to ensure foresight, precision, and cross-departmental coordination, thus promoting sustainable economic development.

Copyright

© 2024 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Zihan Zhang
PY  - 2024
DA  - 2024/10/15
TI  - Counter-cyclical and Cross-cyclical Adjustments in the Context of Financial Crises
BT  - Proceedings of the 2024 2nd International Conference on Management Innovation and Economy Development (MIED 2024)
PB  - Atlantis Press
SP  - 295
EP  - 302
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-542-3_37
DO  - 10.2991/978-94-6463-542-3_37
ID  - Zhang2024
ER  -