The article discusses bailouts, looking at government regulation of financial industries, incentives in free-enterprise system, and ways in which the need for bailouts could be prevented. The author argues that incentives for bankers are asymmetrical, encouraging large banks to take more risks, and that governmental institutions have spread securities out, meaning that failure would disrupt the global economy. Other topics include risk management systems, diversification, and business failures.
CITATION STYLE
Demetriades, P. (2017). Too Big to Save? In A Diary of the Euro Crisis in Cyprus (pp. 63–67). Springer International Publishing. https://doi.org/10.1007/978-3-319-62223-1_6
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