CRISIS
Vasudha Lalit - 9
Chetan Shringarpure -
8
S o u rce :
h ttp :// w w w . im fo
. rg / e xte rn a l/ p u b s/ ft/ w e o / 2 0 0 9 / 0 1 / p d f/ c2 . p d f
Emerging Economies
Proposals on table
Ben Bernanke - Policies on how to close troubled financial
institutions
Paul Krugman - Regulate institutions that act like banks, like
the banks
A Michael Spence & Gordon Brown - Build early warning
system to detect systemic risk
Penalize growing “too big”
Alan Greenspan - Mandate higher capital requirements as
banks grow bigger
Simon Johnson – Break up institutions that are too big
Conclusion
Forgive ? Forget ? Both ?
What’s coming down next ( Dubai ? )
Bubble deflation policies – A mandate ?
Thanks