Monetary policy and financial stability: what role in prevention and recovery?
Ars Technica » Scientific Method 2014-01-23
Summary:
Monetary policy and financial stability: what role in prevention and recovery? by Claudio Borio - Bank for International Settlements (BIS) “If the criteria for an institution’s success are diffusion and longevity, then central banking has been hugely successful. But if the criterion is the degree to which it has achieved its goals, then the evaluation has to be […]
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