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Banking fragility rooted in justice failures Evidence from Ukraine
Policy Contribution

The Big Easing

12 April 2012

The Big Easing

In this CEPS Commentary, Daniel Gros examines the different approaches taken by the Fed and the ECB to bring about economic recovery following the financial crisis and finds that there is a qualitative difference between the two with respect to the risk each is assuming that is more important than the mere size of their balance-sheet.

Daniel Gros is the Director of CEPS.

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The Big Easing
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