Global Financial Stability: under threat?

CENTRALBANKNET'S SPECIAL REPORT - As the global stock-market turmoil continues unabated and forecasts for economic growth are dramatically scaled back, what is the likelihood that the world financial system will escape a routing? What have we learnt from the Asian crisis - and is there a risk that such a debacle could be repeated on a similar, large scale? The Bank of England's latest Financial Stability Review points to some widening cracks in the system.

The new financial architecture

The Asian

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