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Home>Policy Impasse and the Repricing of Risk

Policy Impasse and the Repricing of Risk

Perspectives Content Submission

Wed, 20 Jun 2012

For the developed world, economic policy tools are losing their effectiveness. After decades of relying on policy to stabilize demand, lower the cost of credit, and prevent the emergence of systemic financial crises, policy in the United States, Japan, and Europe may simply have no more room to run
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