While the Central Bank is working to find solutions, banking-sector non-performing loan rates remained quite low, standing at 2.7% at the end of 2007.
Give them series of scenarios to think through asking them to give solutions for each, encourage more than one option from their solution bank.
Put banks at the heart of the solution Banks are the centre of the crisis; they must therefore be the centre of the policy response.
Mr. Willen sees two possible solutions: Require banks to modify loans, basically imposing the cost on them; or pay banks to modify loans, imposing the cost on taxpayers.
Paul S. Willen, a senior economist at the Federal Reserve Bank of Boston, recently offered two solutions: "Require banks to modify loans, basically imposing the cost on them; or pay banks to modify loans, imposing the cost on taxpayers".
In any case, if the goal is avoiding anyone else's viruses, autologous donation is an imperfect solution, blood bank officials said.
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