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macro-prudential oversight in the EU. Second, various national and EU authorities have responsibility for the implementation …. Second, the ESRB remains the only EU-wide body in charge of macro-prudential supervision, responsible for all financial …
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The world’s major central banks have radically altered their strategies since 2008 as they grappled with the great financial crisis and its various consequences. One view (Issing 2016) is that they have gone too far, and that their actions will result in inflation and loss of independence....
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