Policy insights

Policy Insights

Policy Insight 22: Avoiding Disorderly Deleveraging

A prolonged situation of financial distress, which has now lasted for almost a year, is debilitating the financial system. In CEPR Policy Insight 22, Luigi Spaventa examines possible solutions to the immediate and urgent problems.

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Spaventa, L (2008), Policy Insight 22: Avoiding Disorderly Deleveraging, CEPR Policy Insight No 22, CEPR Press, Paris & London. https://cepr.org/publications/policy-insight-22-avoiding-disorderly-deleveraging