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Measures to prevent Financial Crisis recurring?
Issue
1
#8078
What measures are available to prevent the problem recurring?
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The Global Financial Crisis »
The Global Financial Crisis
The Global Financial Crisis☜Exploring the causes, consequences and responses to the global financial crisis. ☜F1CEB7
▲
How should the US and other governments respond? »
How should the US and other governments respond?
How should the US and other governments respond?☜Exploring policy options open to the US government and the other governments in response to the global financial crisis.☜FFB597
■
Measures to prevent Financial Crisis recurring?
Measures to prevent Financial Crisis recurring?☜What measures are available to prevent the problem recurring?☜FFB597
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Work Time Reduction »
Work Time Reduction
Work Time Reduction☜Reduce and distribute the hours of work so that income and effort are more equitably shared.☜59C6EF
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Allow a genuinely free market to operate »
Allow a genuinely free market to operate
Allow a genuinely free market to operate☜The problem was caused by excessive government interference in the economy and financial sectors distorting the market. ☜59C6EF
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Hold financial institution earnings in escrow for seven years »
Hold financial institution earnings in escrow for seven years
Hold financial institution earnings in escrow for seven years☜Financial institution earnings should only be recognised over a seven year period, and bonuses based on those earnings should be held in escrow until that seven year period is up.☜59C6EF
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Increase transparency regulatory supervision of hedge funds »
Increase transparency regulatory supervision of hedge funds
Increase transparency regulatory supervision of hedge funds☜Increase the transparency of, and SEC/FSA etc regulatory supervision over, hedge funds.☜59C6EF
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Prohibit wagers on upside or downside moves of prices »
Prohibit wagers on upside or downside moves of prices
Prohibit wagers on upside or downside moves of prices☜A proposal of a prohibition of wagers on the evolution of prices (which was standard in the 19th century) within the framework of a Constitution for the Economy.☜59C6EF
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Promote the recapitalisation of the banking system »
Promote the recapitalisation of the banking system
Promote the recapitalisation of the banking system☜The government should also aggressively promote a recapitalization of the banking system so that bank lending is not squeezed for years to come.☜59C6EF
●
Restructure the financial regulatory system »
Restructure the financial regulatory system
Restructure the financial regulatory system☜Restructure the financial regulatory system to bring the shadow banking sector under the same regulatory structure and checks and balances faced by conventional banks.☜59C6EF
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Rework Basel II and international GAAP accounting frameworks »
Rework Basel II and international GAAP accounting frameworks
Rework Basel II and international GAAP accounting frameworks☜Rework Basel II and international GAAP accounting frameworks.☜59C6EF
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Set up a public exchange for the Credit Default Swaps market »
Set up a public exchange for the Credit Default Swaps market
Set up a public exchange for the Credit Default Swaps market☜Bring stability and transparency to the CDS market by creating an electronic credit derivatives market with a central counterparty clearing facility.☜59C6EF
●
Stop central banks setting artificial interest rates »
Stop central banks setting artificial interest rates
Stop central banks setting artificial interest rates☜Central banks have tried to use interest rates to manipulate the economy for political purposes. The crisis is the result of inevitable economic reality catching up with the distortions in the market.☜59C6EF
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Entered by:-
David Price
NodeID:
#8078
Node type:
Issue
Entry date (GMT):
11/30/2008 4:57:00 PM
Last edit date (GMT):
8/11/2011 11:15:00 PM
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