Financial Crises

    Credit-financed markets are inherently unstable. Inevitably, the pattern of payment promises doesn't align with actual ability to pay. What happens then depends on institutions, regulations and management. Today, the credit system is global, and so also is the prospect of financial instability.

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    INET Research in a Year of Living Dangerously

    Notes from the Institute’s Director of Research on some significant papers and contributions produced in 2016 under the INET rubric  Read more