Money & Banking

    Modern macroeconomics and finance have both turned their backs on the study of money and banking but, after 2008, we need new economic thinking about money and banking more than ever. We must rediscover, rework and develop the study of banking and central banking, bringing both into the globalization age.

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    Europe’s Zombie Megabanks and the Differential Regulatory Arrangements that Keep Them In Play

    This paper analyzes the link between Kamakura Risk Information Services (KRIS) data on megabank default probabilities and credit spreads. Read more

    Microfinance & Austerity: No Womens' Empowerment without Community Involvement

    How austerity policies and microfinance can bankrupt rather than empower women. Professor Girón discusses why microfinance cannot replace development banks. Watch the video