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What should countries do to reduce the risk of crises?
prefers a permanent tax, for the good reason that the risk of crises is permanent.
Mr Truman, for instance, fears that when both deficits are large and expanding at the same time, confidence in American economic policy may be eroded and the risk of crises may rise.The sunny side of the deficitThe optimists consider such crises unlikely.
Yet these costs should not be so prohibitive as to alter the business fundamentally, and will probably be lower than some of the populist regulations now being put in place.Moreover, these costs should be set against the benefits of lessening the risk of crises that would inflict catastrophic losses.
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To do otherwise, I think, runs the risk of crisis-managing a problem that wasn't there to begin with.
Mergers, the latest wisdom has it, create bigger and usually stronger banks and hence reduce the risk of crisis.
He urged China to be more open about its plans, which he said would reduce the risk of crisis or conflict.
Do the world's middle-income countries – known in the investment business as "emerging markets" – face a serious risk of crisis?
Which is to say that emerging-market governments that want to reduce the risk of crisis may need to keep a close eye on private balance sheets and should be prepared to use regulatory measures to discourage risky behaviour.
It added that there was evidence the "dramatic decline in saving" among Britain's poorest families was "consistent with the view that increasing demand for, and supply of, credit to these households may have reduced the sustainability of their debt burden and hence increased the risk of crisis".
The project provides 24-hour, seven-days-a-week face-to-face and telephone advice and support; respite care beds where people could stay if they felt they were at risk of crisis; a range of therapeutic interventions, including in-depth work on clients' underlying traumas; skills workshops and employment support.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com