S3 Ep36: Europe's zombie lending

07/08/2020 37 min Temporada 3 Episodio 36
S3 Ep36: Europe's zombie lending

Listen "S3 Ep36: Europe's zombie lending"

Episode Synopsis

Viral Acharya tell Tim Phillips that the action to save Europe's financial sector after 2008 has delayed reform in the banking sector - creating a decade of lending to zombie firms that has stifled economic growth.
Acharya on Zombies and disinflation at VoxEU.