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Author Question: What lessons from Latin American capital-market crises might have been useful to prevent, or at ... (Read 100 times)

shofmannx20

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on: Jun 30, 2018
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


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ladyjames123

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Reply #1 on: Jun 30, 2018
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


shofmannx20

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Reply #2 on: Jun 30, 2018
Thank you :)


ladyjames123

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Reply #3 on: Jun 30, 2018
Happy to help you


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