External Imbalances And Financial Crises
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| Google books | books.google.com |
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| Originally published | 2012 |
| Authors | Alan M. Taylor |
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| Date of Upd. | |
| ID | 2605195 |
About External Imbalances And Financial Crises
Consider two views of the global financial crisis. One view looks across the border: it blames external imbalances, the unprecedented current account deficits and surpluses in recent years. Another view looks within the border: it faults domestic financial systems where risks originated in excessive credit booms. . . .
