BECAUSE fiscal stimulus has not yet been a striking success, perhaps it’s time to consider new monetary remedies for the economy.
Read the article here.
maandag 3 augustus 2009
Could an early warning system have predicted the crisis?
The 2008 global financial crisis has led to renewed calls for “early warning models” to reduce the risks of future crises. But this column says that few of the characteristics suggested as potential causes of the crisis actually help predict the intensity and severity of the crisis across countries. That bodes poorly for the performance of future early warning models.
Read the article here.
How Latin American banks are performing in the crisis
Although the economic slowdown has indirectly affected the region’s banks, they will probably remain profitable and well capitalized.
Read the article here.
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