the U.S. would experience a sudden stop of capital flows, which would unavoidably drag the world economy into a deep … instead that the root imbalance was of a different kind: The entire world had an insatiable demand for safe debt instruments …. Essentially, the financial sector was able to create "safe" assets from the securitization of lower quality ones, but at the cost …

the U.S. would experience a sudden stop of capital flows, which would unavoidably drag the world economy into a deep … instead that the root imbalance was of a different kind: The entire world had an insatiable demand for safe debt instruments …. Essentially, the financial sector was able to create “safe” assets from the securitization of lower quality ones, but at the cost …

that the U.S. would experience a sudden stop of capital flows, which would unavoidably drag the world economy into a deep … instead that the root imbalance was of a different kind: The entire world had an insatiable demand for safe debt instruments …. Essentially, the financial sector was able to create "safe" assets from the securitization of lower quality ones, but at the cost …

the U.S. would experience a sudden stop of capital flows, which would unavoidably drag the world economy into a deep … instead that the root imbalance was of a different kind: The entire world had an insatiable demand for safe debt instruments …. Essentially, the financial sector was able to create "safe" assets from the securitization of lower quality ones, but at the cost …

As trade flows expanded and trade agreements proliferated after World War II, governments-most notably the United …

States and Europe. Nonetheless, the post-crisis period has witnessed greater financial integration within the region. The … Europe. Within the region, debt securities issued by Australia have increasingly attracted Japan's capital. To conclude …