Tuesday, March 25, 2014

Too big to fail - Wikipedia, the free encyclopedia

Too big to fail - Wikipedia, the free encyclopedia: "Proponents of this theory believe that some institutions are so important that they should become recipients of beneficial financial and economic policies from governments or central banks.[4] Some economists such as Paul Krugman hold that economies of scale in banks and in other businesses are worth preserving, so long as they are well regulated in proportion to their economic clout, and therefore that "too big to fail" status can be acceptable. The global economic system must also deal with sovereign states being too big to fail.[5][6][7][8]"



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