Financial stability risks may have eased, reflecting improvements in the economic outlook and continuing accommodative policies. But
those supportive policies—while necessary to restart the economy—have
also masked serious, underlying financial vulnerabilities that need to
be addressed as quickly as possible.
Many advanced economies are “living dangerously” because the legacy
of high debt burdens is weighing on e_governance now
Bappa Nag
ReplyDeleteFinancial stability risks may have eased, reflecting improvements in the economic outlook and continuing accommodative policies. But
those supportive policies—while necessary to restart the economy—have
also masked serious, underlying financial vulnerabilities that need to
be addressed as quickly as possible.
Many advanced economies are “living dangerously” because the legacy
of high debt burdens is weighing on e_governance Now