
Financial Stability Without Central Banks
16 February 2018
A ‘free’ banking system without a central bank provides incentives for banks to act with restraint. Their lending policies are, in effect, tied to …
Epicenter Archives
Giovanni Caccavello, Research Fellow at EPICENTER // 21.11.2016
In a previous post, entitled “The changing narrative of the Euro crisis”, Diego Zuluaga argued that, while Eurozone reform was justified, European policymakers “should …