21 Mar 2008

Act now to stop the markets’ vicious circle

Paul De Grauwe

0
Download Publication

1442 Downloads

By slowing the spiral that is driven by the practice of ‘marking to market’, Paul De Grauwe, CEPS Associate Senior Research Fellow and Professor at KU Leuven, argues that innocent bystanders will stop being caught in the whirlwind of today’s financial markets.