Haldane, Andrew G., 2014: “Managing Global Finance as a System”, speech delivered at the Maxwell Fry Annual Global Finance Lecture, Birmingham University, 29 October 2014. Haldane, Andrew G., 2015: “How Low can You Go?”, speech delivered at the Portadown Chamber of Commerce, 18 September 2015.
However, the situation seems to have improved meanwhile. Although it is probably too early for a final assessment, until now the effects on the real economy have been relatively limited, also because trade relations have dramatically changed in the past and their focus is now much more towards the West.