We must escape the grip of short-term funding

Authors
Publication date 05-07-2010
Journal VOX : Research-based Policy Analysis and Commentary from leading Economists
Organisations
  • Faculty of Economics and Business (FEB) - Amsterdam Business School Research Institute (ABS-RI)
Abstract This column argues that government measures to restore confidence in the financial system have achieved a "pause in the panic", but this is not enough. Governments still need to reverse the dramatic slide of the financial system towards unstable funding - a trend that holds a gun to the heads of governments and central banks.
Document type Article
Language English
Published at http://www.voxeu.org/index.php?q=node/5263
Permalink to this page
Back