The “World Looks Pretty Rosy from Australia’s Point of View” says Engle

NYU Stern Professor and Nobel Laureate Robert Engle spoke this past weekend at the 25th Australasian Finance and Banking Conference at the Australian School of Business at UNSW. In his keynote address, Engle discussed the current state of Australian banks, noting their low-risk and their potential to withstand another financial crisis. Australia’s Asian neighbors such as Japan, however, pose greater systemic risk to the global financial system.

Read more about Engle’s keynote address here and more about Engle’s commentary on Japan. NYU Stern Professor Anthony Saunders also served as a keynote speaker. Read more about his address.

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