Policy-makers ponder tackling systemic debt vulnerabilities
By Farah KhaliqueJuly 2, 2022
When the pandemic struck in early 2020, policy-makers took swift action to prevent an economic meltdown. Governments and central banks flooded countries with cheap loans and grants to prop up economies, pumping up levels of household and corporate debt. This pushed non-financial private sector debt to a historical high relative ...
Already a subscriber? Log In
Read Next:
CoCo bonds have become too big to abolish
The alternative to AT1 debt would be extraordinarily costly for banksĀ
Read more