| | Financial stability issues for small island states (Site not responding. Last check: 2007-10-09) |
 | | Although the objective is ultimately still that of maintaining financial stability, it is immediately recognised that the policies, techniques and means of achieving this stability in the former case may be different than those in the latter case. |
 | | Here it is not being proposed that the authorities charged with monitoring financial stability in island and small state economies should only consider domestic issues as being relevant for the conduct of their function. |
 | | Thus, it is important that the policies, instruments, norms and tools applied by small island state economies to detect and manage systemic instability in institutions, markets and payment and settlements systems, are based on norms or models which are commonly used by their much larger counterparts. |
| www.miamalta.org /March09.htm (2450 words) |