The Crisis: Basic Mechanisms and Appropriate Policies

The purpose of this lecture is to look beyond the complex events that characterize the global financial and economic crisis, identify the basic mechanisms, and infer the policies needed to resolve the current crisis, as well as the policies needed to reduce the probability of similar events in the f...

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Bibliographic Details
Main Author: Blanchard, Olivier Jean
Other Authors: Massachusetts Institute of Technology. Department of Economics
Format: Article
Language:en_US
Published: Ifo Institute for Economic Research 2010
Online Access:http://hdl.handle.net/1721.1/54196
https://orcid.org/0000-0001-8142-5016