Greenberg Center for Geoeconomic Studies


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International Finance,
Summer 2014

Drivers of Systemic Banking Crises: The Role of Financial Account Structure and Financial Integration

IF Title Pic In the most recent issue of International Finance, edited by CFR's Benn Steil, OECD economists Rudiger Ahrend and Antoine Goujard demonstrate how short-term bank debt propagates financial crises across borders.