Financial Markets and Monetary and Financial Conditions

Financial markets and systems play a key role in resource allocation. Recent work has studied how legal and regulatory framework conditions for financial systems support innovation and investment and thus growth. Other work is studying financial market integration in the euro area.
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Economic Survey of the United States 2008

09-Dec-2008

The US economy is facing a serious financial crisis and is in recession. Measures are being taken to combat the financial crisis and support the economy. Reforms are needed to strengthen financial market regulation and extend health insurance coverage.

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