Responding to the Financial Crisis
Great Decisions 2011 | Topic 4
Should the U.S. lead on global financial reform?
As an immediate response to the financial crisis of 2007–08, governments around the world stepped in to bail out troubled private banks deemed “too big to fail,” underscoring the interdependence between private and public finances. With the recent eurozone crisis, what have we learned so far and is it possible to ensure that future crises will not occur?
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