Readers Question: Creating a post recession; what steps should the EU take to reform the banking sector? I have looked at this important issue in this essay: – Steps to Avoid Financial Crisis Reforms To The Banking Sector Could Include Regulation of Mortgage Products Unconventional Mortgages like 100% mortgages, self-certification, interest only, mortgages several times …
Readers Question: Does growth forecast always corresponds to the mesured growth? If a bias exist, is it always on the same side? Recently, growth statistics published on February 26th showed that the GDP figures for the fourth quarter of 2009 were a higher than first recorded. GDP grew by 0.3%, rather than the initial estimate …
Readers Question: Why do most people prefer inflation to deflation? is it because such guys are business owners and they don’t to earn a little or what ? what about poor people. how can they make ends meet? think properly, think widely, think about the poor first. then I am sure, you are going to …
Insurance is a means of protecting the loss or costs caused by an event that may or may not happen. Insurance coverage is by a contract in which one party, the insurer, agrees to indemnify or reimburse another, the insured, for loss that occurs under the terms of the contract. In exchange for payments from …
Readers Question: Does it (financial crisis) have any possible positive effects for the future? It is an opportunity to repair a broken financial system and put in safeguards to prevent future boom and busts. For example, we could have policies which banks automatically hold more deposits during a boom to provide counter cyclical instruments. Better …
Some people or businesses are reluctant to switch banks because they think the process could be time-consuming and risk loosing information. It is easy to stay with the bank you first chose through inertia when but switching your account could help you get a better deal. The Banking Conduct of Business Sourcebook (BCOBS) which replaced …
As the old saying goes there are two certainties in life – death and taxation. So why not combine the two and raise revenue from inherited wealth? I have written on this topic before Why are we reluctant to tax Wealth? But, I would like to make another case for why a ‘death’ tax meets …
Readers Question: If I have to get economic master degree, what kind of job İ will apply in real life. Can you give me list of economic job? The most common questions I get asked by students is either? Why didn’t you get a better paid job in the city? What Job can I get …