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Geneva Reports on the World Economy 4

Transparency, Risk Management and International Financial Fragility

By Mario Draghi, Francesco Giavazzi, and Robert C. Merton

The Geneva Reports on the World Economy series was launched by the International Center for Monetary and Banking Studies (ICMB) and CEPR in 1999. Each title focuses on an aspect of the reform of the international financial and economic systems and is written by a team of internationally-known macroeconomists. This year’s report looks at transparency, risk management and international financial fragility.

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