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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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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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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