inetpub Adair Turner: Managing Financial Instability in China

In Macroeconomics 101, you are taught about how the banking system in modern 21st century economies works.

But as Institute for New Economic Thinking Senior Fellow Adair Turner notes in this presentation from the Institute's recent conference in Shenzhen, China, the textbooks bear little relationship to the realities -- in particular, the role that finance plays in our modern system. Turner then turns to China, where he applies the lessons of recent crises to China's efforts to curb their recent debt explosion. Can China avoid a crash? Watch the video to see what Turner has to say!

inetpub Adair Turner: Managing Financial Instability in China
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News & Politics	Upload TimePublished on 13 Oct 2013

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