Maurice R. Greenberg Center for Geoeconomic Studies

Expert Insight and Commentary


Good and Bad Inequality

A. Michael Spence argues that economic inclusion sustains social and political cohesion—and hence the very growth needed to help...

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Senior Fellow for International Economics Robert Kahn analyzes major developments in macroeconomic policy and financial markets.

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International Finance, Winter 2013

Does High Government Debt Reduce the Supply of Bank Credit?

IF Title Pic In the most recent issue of International Finance, edited by CFR's Benn Steil, Bank of Italy economists Riccardo De Bonis and Massimiliano Stacchini examine 43 countries over 40 years to determine whether high government debt leads to lower bank lending.

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