Financial stability in the context of "G20"

Play Trivia Questions online!

or

Skip to study material about Financial stability in the context of "G20"

Ad spacer

⭐ Core Definition: Financial stability

Financial stability is the absence of system-wide episodes in which a financial crisis occurs and is characterised as an economy with low volatility. It also involves financial systems' stress-resilience being able to cope with both good and bad times. Financial stability is the aim of most governments and central banks. The aim is not to prevent crisis or stop bad financial decisions. It is there to hold the economy together and keep the system running smoothly while such events are happening.

The foundation of financial stability is the creation of a system that is able to absorb all of the positive and negative events that happen to the economy at any given time. It has nothing to do with preventing individuals or businesses from failing, losing money, or succeeding. It is merely assisting in the creation of conditions for the system's continued efficient operation in the face of such occurrences.

↓ Menu

>>>PUT SHARE BUTTONS HERE<<<

👉 Financial stability in the context of G20

The G20 or Group of 20 is an intergovernmental forum comprising 19 sovereign countries, the European Union (EU), and the African Union (AU). It works to address major issues related to the global economy, such as international financial stability, climate change mitigation and sustainable development, through annual meetings of heads of state and heads of government.

The 19 member states of the G20 account for around 85% of gross world product (GWP), 75% of international trade, 56% of the global population, and 60% of the world's land area; including the EU and AU, the G20 comprises 78.9% of global population and 83.9% of global CO2 emissions from fossil energy.

↓ Explore More Topics
In this Dossier

Financial stability in the context of West African Economic and Monetary Union

The West African Economic and Monetary Union, generally referred in English to by its French acronym UEMOA (for Union Économique et Monétaire Ouest-Africaine) and alternatively as WAEMU, is a treaty-based arrangement binding together eight West African states, seven of which were previously colonies of French West Africa. It was established to promote monetary and financial stability as well as economic integration among countries that share the West African CFA franc (ISO 4217: XOF) as a common currency. From 1962 to 1994, it was known as the West African Monetary Union (WAMU or, in French, UMOA for Union Monétaire Ouest-Africaine).

Territorially, UEMOA mostly overlaps with the larger regional organization, the Economic Community of West African States (ECOWAS).

↑ Return to Menu

Financial stability in the context of Reserves of the Government of Singapore

The reserves of the Government of Singapore are the investment assets of the Singaporean state, including those of Ministry of Finance and the Statutory Boards, the Monetary Authority of Singapore, GIC Private Limited (GIC), and Temasek Holdings.

In constitutional terms, the Past Reserves as a legal term refers to such reserves as existed before the sitting government came into office (the most recent handover being 23 May 2025). The president's discretion to withhold access to the Past Reserves is intended as a "second key" to ensure financial stability and restrain waste of the reserves.

↑ Return to Menu

Financial stability in the context of Bank of England

The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the English Government's banker and debt manager, and still one of the bankers for the government of the United Kingdom, it is the world's second oldest central bank.

The bank was privately owned by stockholders from its foundation in 1694 until it was nationalised in 1946 by the Attlee ministry. In 1998 it became an independent public organisation, wholly owned by the Treasury Solicitor on behalf of the government, with a mandate to support the economic policies of the government of the day, but independence in maintaining price stability. In the 21st century the bank took on increased responsibility for maintaining and monitoring financial stability in the UK, and it increasingly functions as a statutory regulator.

↑ Return to Menu

Financial stability in the context of Uppsala University

Uppsala University (UU) (Swedish: Uppsala universitet) is a public research university in Uppsala, Sweden. Founded in 1477, it is the oldest university in Sweden and the Nordic countries.

Founded in the 15th century, the university rose to significance during the rise of Sweden as a great power at the end of the 16th century and was then given relative financial stability with a large donation from King Gustavus Adolphus in the early 17th century. Uppsala also has an important historical place in Swedish national culture, and identity for the Swedish establishment: in historiography, religion, literature, politics, and music. Many aspects of Swedish academic culture in general, such as the white student cap, originated in Uppsala. It shares some peculiarities, such as the student nation system, with Lund University and the University of Helsinki.

↑ Return to Menu

Financial stability in the context of Central bank independence

Central bank independence refers to the degree of autonomy and freedom a central bank has in conducting its monetary policy and managing the financial system and inflation targeting. The purpose of central bank independence is to maintain price stability, enhance the effectiveness of monetary policy, and ensure the stability of the financial system. Independent central banks have more credible and effective commitments to price stability. It is a key aspect of modern central banking, and has its roots in the recognition that monetary policy decisions should be based on the best interests of the economy as a whole, rather than being influenced by short-term political considerations.

↑ Return to Menu