Deleveraging, what deleveraging? by Luigi Buttiglione, Philip R. Lane, Lucrezia Reichlin and Vincent Reinhart published by VOXEU (9/2014), indicated by Alvaro Manoel. “The latest Geneva Report on the World Economy argues that the policy path to less volatile debt dynamics is a narrow one, and it is already clear that developed economies must expect prolonged low growth or another crisis along the way..”
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