Crises and the International System

Maurice Obstfeld

International Economic Journal, 2013, vol. 27, issue 2, 143-155

Abstract: This paper reviews the recent experience of financial crises since 2007, including the continuing crisis in the euro zone. I seek to answer three main questions: In what respects (if any) is the recent experience of crises novel? How special is the euro crisis? And what changes in the international financial architecture can reduce the chances of future crises?

Date: 2013
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DOI: 10.1080/10168737.2013.793901

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