It takes the average reader and 52 minutes to read Market Discipline and Financial Safety Net Design by Aslı Demirgüç-Kunt
Assuming a reading speed of 250 words per minute. Learn more
It is difficult to design and implement an effective safety net for banks, because overgenerous protection of banks may introduce a risk-enhancing moral hazard and destabilize the very system it is meant to protect. The safety net that policymakers design must provide the right mix of market and regulatory discipline, enough to protect depositors without unduly undermining market discipline on banks.
Market Discipline and Financial Safety Net Design by Aslı Demirgüç-Kunt is 52 pages long, and a total of 13,104 words.
This makes it 18% the length of the average book. It also has 16% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 11 minutes to read Market Discipline and Financial Safety Net Design aloud.
Market Discipline and Financial Safety Net Design is suitable for students ages 8 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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