Financial sector aid in development of economy
Problem: In which way the financial sector (banking) aid in the development of an economy.
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Prepare a 350 to 700-word Business Research on Economics comprising the following: Question 1: Define the business research and its purpose. Question 2: Explain the business problem(s) under investigation.
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Explain the phases of financial crisis then briefly apply to: 1) LTCM, 2)Japanese Bubble,3) Southsea Bubble. Then explain discontent against the theory of constraints.
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Question 1: Briefly explain how a currency board system works. Question 2: Given your explanation in (a), how can the money supply be so much larger than the actual holdings of forex reserves of the Hong Kong Monetary Authority (the central bank).
What role did the Swiss government and politics play in the 2001 liquidity crisis and grounding of Swiss air and did the government and politicians act unethically together with the banks.
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