2min chapter

Hidden Forces cover image

Sources of Financial Instability: Challenges for Monetary and Fiscal Policy | Claudio Borio

Hidden Forces

CHAPTER

Is the World Economy Reliant Too Much on Debt?

Macropinential policies is ally financial supervisory policy, banking supervision and regulation. It focuses not so much on individual institutions and a stand alone basis, but considers the system as a whole. The bigger risk for the global economy is precisely the fact that we have quite a lot of debt,. And that will depend on the countrys that one is talking about.

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