Professor Youssef Cassis on Remembering financial crises

MERCATOR is a five year (2020-2025) research project financed by an Advanced Grant from the European Research Council. The research explores the extent to which the memory of previous financial crises can explain practices threatening the stability of the financial system. The project stems from two simple questions: do financial actors have any knowledge, memory and understanding of previous financial crises? And, more generally, how far are they aware of the inherent instability of the financial system?

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Financial actors’ collective memory of financial crises