Santomero on Crises, Contagion, and Coordination

SPEECH - In the speech 'Crises, Contagion, and Coordination: Issues for Policymakers in the Global Economy' Anthony Santomero of the Federal Reserve Bank of Philadelphia said recent history provides many examples of events which have important economic repercussions on the global stage. Santomero goes on to give examples of the Asian crisis of the late 1990s, the continued recession in Japan and recent events in Latin America. National and international economic policymakers constantly face new

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