The 2008 global financial crisis threw into disarray the financial systems of the United States and many European countries, strained financial systems in several emerging economies, and affected growth in virtually all countries. This brought into sharp relief the centrality of having sound financial systems for emerging markets. Sound financial systems are vital to long-term and balanced development in emerging economies as well as to absorb various shocks.
The objective of the conference is to engage high-level academics, think tank scholars, policymakers, and practitioners on design of effective regulatory and policy frameworks that will promote financial system development and stability.
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