Rupert's readers! You might be interested in the article below, by Gillian Tett in the FT,
which describes an approach to re-regulating the banking system being taken in South Korea.
which describes an approach to re-regulating the banking system being taken in South Korea.
The accompanying paper by Professor Hyun Song Shin is well worth
reading too, at
www.princeton.edu/~hsshin/www/MacroprudentialMemo.pdf
www.princeton.edu/~hsshin/www/MacroprudentialMemo.pdf
Would it be too much to hope we could do something like this in Britain? Under this government (or its predecessor), yes. #VoteGreen...
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