Moral Hazards

Ferguson, Tim
April 2008
Forbes Asia;4/7/2008, Vol. 4 Issue 6, p5
The author reflects on a variety of issues concerning the business sector in Asia. He describes the effects of the credit crisis being experienced in the U.S. and globally. He cites the observation of Benn Steil, director of international economics at the Council on Foreign Relations in New York City, on the effort of the U.S. government to address its financial sector problems. He adds that prospects for liberalizing regional capitalism in Asia will be hurt by the U.S. government decisions.


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