The Financial Trilemma

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117 Citations (Scopus)

Abstract

The financial trilemma states that financial stability, financial integration and national financial policies are incompatible. Any two of the three objectives can be combined but not all three; one has to give. This paper develops a model to underpin the financial trilemma.
Original languageEnglish
Pages (from-to)57-59
Number of pages3
JournalEconomics Letters
Volume2011
Issue number111
DOIs
Publication statusPublished - 2011
Externally publishedYes

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