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How did the Dodd-Frank Act help increase accountability and oversight after the global finanicial crisis?
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- Suppose you have data about two groups of countries,one with efficient legal systems and the other with slow,costly, and inefficient legal systems. Which group ofcountries would you expect to exhibit higher livingstandards?How do standardized accounting principles help financial markets work more efficiently?Why compensation practices was creating a problem for the financial institutions?
- Why aren't greater resources given to prudential regulation of the financial sector because it is obviously necessary to avert financial crises?what makes it difficult to have a uniformed code for good governance, particularly in the private sector?The government, business and household sectors are all suppliers of funds into the financial system. Is it true or false?
- Can at least six distinct policies for the safety of a financial system be designed and considered for immediate implementation?Why a cashless society destory the international finance system?Why aren't more resources dedicated to ensuring adequate prudential oversight of the financial system, given that it's clear that such monitoring is necessary to forestall financial crises?
- Why aren't more resources being allocated to sufficient prudential oversight of the financial system in order to rein in excessive risk-taking, when it is evident that such monitoring is necessary to avoid financial crises?An efficient financial market means transaction costs. True or False?Use the Internet to learn what you can about Indonesia. a. Check the corruption index for Indonesia at http://www.transparency.org. b. What additional kinds of information are available from the following sources?