Is the crisis problem growing more severe?

ARTICLE - In the latest issue of journal Economic Policy, economist Barry Eichengreen et al ask whether financial crises are becoming more frequent and more disruptive. Looking back over 120 years of financial history, the authors find that there is "something different and disturbing about our age".

Is the crisis problem growing more severe?

By Michael Bordo from Rutgers University, Barry Eichengreen from University of California, and Daniela Klingebiel and Maria Soledad Martinez-Peria from the

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