The crisis: basic mechanisms, and appropriate policies
IMF - Washington, DC
2009
22 p.
credit ; economic recession ; financial market ; international ; monetary policy
IMF Working Paper
80
Business economics
English
Bibliogr.
"The purpose of this lecture is to look beyond the complex events that characterize the global financial and economic crisis, identify the basic mechanisms, and infer the policies needed to resolve the current crisis, as well as the policies needed to reduce the probability of similar events in the future."
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