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The European Green Deal after Corona Implications for EU climate policy
Policy Contribution

Returning to Narrow Banking

by Paul De Grauwe
14 November 2008

Returning to Narrow Banking

Paul De Grauwe

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In this Commentary addressed to the G20 leaders meeting in Washington on November 15th, Paul De Grauwe argues that the solution to the financial crisis is to restrict banks to traditional, narrow banking with traditional oversight and guarantees while requiring financial firms involved in financial markets to more closely match the average maturities of their assets and liabilities.


About the Author


  • Author
    Paul De Grauwe
    Paul De Grauwe
    Associate Senior Research Fellow
Returning to Narrow Banking
Download Publication

2689 Downloads