Friday 17 Aug 2018 | 09:18 | SYDNEY
Friday 17 Aug 2018 | 09:18 | SYDNEY

The epidemiology of the global financial crisis


Stephen Grenville

30 April 2009 10:46

It's not often that we see interdisciplinary research actually work, but here is an example. Andrew Haldane, Executive Director at the Bank of England (and easily the most interesting central banker writing about the global financial crisis) draws on Bill Bowtell's Lowy Institute papers to show the parallels between the financial crisis and HIV/AIDS, not only in how they spread, but how policy can contain them. Target the 'super-spreaders' (systemically important financial institutions), use system-wide approaches, and use evidence-based responses rather than theology.