Weakened international co-operation could hinder crisis response – Bernanke
Christina Romer ‘loses sleep at night’ about international readiness to fight a future crisis
Former Federal Reserve chairman Ben Bernanke warned that the weakening of co-operation between major economies will make it more difficult to fight a future financial crisis.
Christina Romer, former chair of the Council of Economic Advisers in the Obama administration, said she was extremely worried by how countries could respond to any future recession.
Bernanke and Romer were speaking at a discussion at the Hamilton Project, run by the Brookings Institution, a US think-tank, on May 16.
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