Oireachtas Joint and Select Committees

Wednesday, 28 January 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Professor Edward Kane:

To answer that question authoritatively, I have to go back and look more closely at data. We have seen some countries like Argentina which are perennial crisis countries. One would think that they would have learned from each of these crises how to avoid this, but we find them surfacing way more frequently than crises in other countries.

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