Raghuram Rajan: Why the next financial crisis may start with credit booms
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YouTubeEconomics. For Society.
Raghuram Rajan: Why the next financial crisis may start with credit booms
Former governor of the @reservebankofindia593, Raghuram G. Rajan of @chicagobooth, emphasized that trade tensions interact with domestic vulnerabilities. The rules-based order has been weakening for years, he argued, not because of trade alone, but because policymakers have failed to address the distributional effects of globalization ...
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