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我们不该将新冠病毒危机与2008年环球金融危机进行比较

新冠病毒对世界经济产生了巨大影响。

We shouldn’t be comparing the coronavirus crisis to 2008 - this is why

Coronavirus is having a strong impact on the world economy.

Are the reputations of central banks at risk?

Central banks have continued to accumulate new job functions since the crisis of 2008. Recent events in Iceland point to the risk of such domain expansion.

The hierarchy of financial policies

Governments have four policy areas relating to the financial sector: fiscal, monetary, microprudential, and macroprudential. Each area is run by a government authority, of which more than...

Two big questions for the future of cryptocurrencies

Cryptocurrencies have been a fabulous investment for early investors. A Bitcoin was worth $0.06 in 2010, and $6,500 now, an 11 million percent return. Does it make sense to invest in cryp...

Why cryptocurrencies don't make sense

I have been trying to understand what the point of cryptocurrencies is, without success. They may not be an immediate financial stability concern (den Haan et al. 2017), but I just don't ...

Brexit has created risks and opportunities for financial markets

The UK vote to leave the European Union will have widespread consequences for financial markets, creating both opportunities and problems.

Could a cyber attack cause a financial crisis?

Various public and private authorities have come to see cyber risk — risk emanating from computer systems and computer networks — as a significant channel for systemic risk. Recent exampl...

Macro vs microeconomic policy: is there a winner?

Does market volatility increase the risk of financial crises?

Why pressuring Greece to reform is counterproductive

How can Europe boost financing for small business?