This topic contains a solution. Click here to go to the answer

Author Question: What lessons from Latin American capital-market crises might have been useful to prevent, or at ... (Read 97 times)

shofmannx20

  • Hero Member
  • *****
  • Posts: 562
What lessons from Latin American capital-market crises might have been useful to prevent, or at least minimize, the East Asian crisis?
 
  What will be an ideal response?

Question 2

Which of the following is a correct description of Libor?
 
  A) an average interest rate from sixteen large banks are paying to borrow funds from other large banks.
  B) an interest rate calculated by the British Banker's Association every day at 11 a.m. London time
  C) an interest rate tied to corporate and mortgage loan contracts valuing roughly 400 trillion
  D) all of the above



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

ladyjames123

  • Sr. Member
  • ****
  • Posts: 346
Answer to Question 1

Lessons might have included the need for strong prudential regulation of financial institutions, more flexible exchange rate arrangements, and stricter conditions on the borrowing of favored enterprises.

Answer to Question 2

D





 

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates's recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

For a complete list of videos, visit our video library