Liberal opinion holds that the international monetary and financial system is a device for promoting…
Whatever’s happened to Global Banking? C.P. Chandrasekhar & Jayati Ghosh
The call for nationalization of banks in developed countries, even if for a temporary period, marks a potential ideological shift. Even staunch free market advocates are declaring that nationalization is inevitable. This article examines the factors explaining this acceptance of public ownership and the implications that this has for the future of banking regulation.
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