At the height of the financial crisis, the Western welfare state prevented a repeat of the Great Depression. But there … were also suggestions that social policy had contributed to the crisis, particularly by promoting households’ access to … the welfare state contribution to the crisis directly but our findings suggest that the welfare state cannot generally be …

In the wake of the financial crisis considerable momentum has built up behind proposals to extend central counterparty …

deteriorate. Thus, when fundamentals deteriorate, the onset of crisis can be very swift. Second, transparency in the sense of …