Lewis, Jide; Dangerfield, Brian - In: Feedback economics : economic modeling with system dynamics, (pp. 349-376). 2021
forward-looking. The framework identifies the transmission mechanisms linking sovereign debt and financial sector crises when … increasingly unsustainable debt-deficit dynamics and how these imbalances can spill-over into the banking sector leading to … increased financial fragility. The chapter closes with some policy implications and recommendations for regulatory reform of the …