What is associative evidence? Explain the difference between the two types of associative evidence.
This has revealed the need to rethink fundamentally how financial systems are regulated and managed. The current implicit view behind economic models is that markets and economies are inherently stable, so by design, offer no immediate handle on how to think about or deal with a major systemic crisis. This dissertation aims to explore different policies and the extent to which they can act as tools to prevent financial crises. This includes current debates revolving around financial sector reforms as well as the key areas for policy action to reduce the risk of crises and address the weaknesses in the current regulatory and policy frameworks.
Could the Financial Crisis Have Been Avoided?
Although a number of developments helped t