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Newsletter October 2011: Evolution’s lessons for macroprudential regs

Simon Turmaine | October 10, 2011

LONDON – Evolutionary theory may have important lessons for macroprudential regulation, according to a new paper on a topic that is getting increasing attention among regulators and policymakers. It claims important macroprudential implications flow from viewing the financial system as a set of co-evolving populations of institutions, products, strategies and processes.

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