Rankin, Ewan; James, Elliot; McLoughlin, Kate - In: RBA Bulletin (2014) June, pp. 65-72
Global gross capital flows remain well below their peak before the global financial crisis, which was reached after a … period of unusual expansion. Much of the decline can be attributed to a reduced flow of lending by banks – particularly to …, from and within the euro area – as banks have unwound many of the cross-border positions they built up before the crisis …