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The Crisis: Basic Mechanisms and Appropriate Policies

Author(s)
Blanchard, Olivier Jean
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Article is made available in accordance with the publisher's policy and may be subject to US copyright law. Please refer to the publisher's site for terms of use.

Alternative title
THE CRISIS: BASIC MECHANISMS AND APPROPRIATE POLICIES
Terms of use
Article is made available in accordance with the publisher's policy and may be subject to US copyright law. Please refer to the publisher's site for terms of use.
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Abstract
The purpose of this lecture is to look beyond the complex events that characterize the global financial and economic crisis, identify the basic mechanisms, and infer the policies needed to resolve the current crisis, as well as the policies needed to reduce the probability of similar events in the future.
Date issued
2009-01
URI
http://hdl.handle.net/1721.1/54196
Department
Massachusetts Institute of Technology. Department of Economics
Journal
CESifo Forum
Publisher
Ifo Institute for Economic Research
Citation
Blanchard, Olivier. "The Crisis: Basic Mechanisms and Appropriate Policies". CESifo Forum, 1/2009.
Version: Original manuscript
Other identifiers
IMF Working Paper 09-01
Munich Lecture
ISSN
1615-245X

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