It takes the average reader and 7 minutes to read Managing the Expanded Safety Net by Gary H. Stern
Assuming a reading speed of 250 words per minute. Learn more
Explains why the government¿s response to the 2007-08 financial turmoil, although justified, expanded the safety net and exacerbated the too big to fail (TBTF) problem. A larger TBTF problem is costly, having the capability to sow the seeds of future financial crises. Therefore, we should begin now to develop a new approach to manage TBTF. Their recommendations to address TBTF would effectively address the safety net expansion and position policymakers to respond more effectively to ¿the next Bear Stearns.¿ They explain their recommendations in terms of their relevance in today¿s environment. Concludes with excerpts from their 2004 book, ¿Too Big To Fail: The Hazards of Bank Buyout,¿ which summarize their arguments in more detail.
Managing the Expanded Safety Net by Gary H. Stern is 7 pages long, and a total of 1,799 words.
This makes it 2% the length of the average book. It also has 2% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes and 9 minutes to read Managing the Expanded Safety Net aloud.
Managing the Expanded Safety Net is suitable for students ages 6 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
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