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In the News

The Trouble with Financial Bubbles

Graham Watson

20th October 2015

Howard Davies, the widely known, current Chairman of RBS, looks here in this piece for the Guardian at how the job of central banks might have changed in the aftermath of the financial crisis. Whereas pre-2008 central banks were reactive and only intervened when crises emerged, he argues that in today's globalised financial sector they should be pro-active and intervene to stop asset price bubbles emerging.

Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.

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