S3 Ep36: Europe's zombie lending
Aug 07, 2020•38 min•Season 3Ep. 36
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Episode description
Viral Acharya tell Tim Phillips that the action to save Europe's financial sector after 2008 has delayed reform in the banking sector - creating a decade of lending to zombie firms that has stifled economic growth.
Acharya on Zombies and disinflation at VoxEU.
Acharya on Zombies and disinflation at VoxEU.
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