Anil Kashyap speaks at Brookings panel, "Are we safer? A look at the financial system, post-crisis"
Since the global financial crisis of 2008—which Ben Bernanke describes as worse than the one that led to the Great Depression—governments around the world have taken major steps to bolster the resiliency of the financial system and reduce the changes of another severe financial crisis. What have been the intended and unintended consequences of those policies? What is left to be done? Will another crisis be averted?
On November 17, The Hutchins Center on Fiscal and Monetary Policy at Brookings and Ben Bernanke, now a distinguished fellow in residence at Brookings, hosted a discussion focusing on lessons from history, the role of collateral in the financial system, liquidity in bond markets, and the shadow banking system.
Photo by Paul Morigi
Anil Kashyap speaks at Brookings panel, "Are we safer? A look at the financial system, post-crisis"
Since the global financial crisis of 2008—which Ben Bernanke describes as worse than the one that led to the Great Depression—governments around the world have taken major steps to bolster the resiliency of the financial system and reduce the changes of another severe financial crisis. What have been the intended and unintended consequences of those policies? What is left to be done? Will another crisis be averted?
On November 17, The Hutchins Center on Fiscal and Monetary Policy at Brookings and Ben Bernanke, now a distinguished fellow in residence at Brookings, hosted a discussion focusing on lessons from history, the role of collateral in the financial system, liquidity in bond markets, and the shadow banking system.
Photo by Paul Morigi