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Personal economic issues such as credit card debt, home foreclosures, the collapse of the sub-prime lending market, and escalating numbers of personal bankruptcy have focused the nation’s attention on the importance of financial education. Networks Financial Institute (NFI) believes that...
Persistent link: https://www.econbiz.de/10010895797
Adult financial illiteracy is a major problem in the US and elsewhere. Financial fraud and poor performance in managing personal finances go hand in hand. The nation’s bankruptcy and home mortgage foreclosure rates rate have continued to climb despite improving employment opportunities, rapid...
Persistent link: https://www.econbiz.de/10010895798
The industrial Midwest went through wrenching economic restructuring during the 1970s and 1980s and yet rebounded to outperform the U.S. economy during much of the 1990s. Key to this resurgence was restructuring in core industries (including manufacturing) that increased the productivity and...
Persistent link: https://www.econbiz.de/10010895799
Persistent link: https://www.econbiz.de/10000330289
For optimal regulation, one size does not fit all. Differences in countries' informational and contracting environments (in the transparency of information, in protection for counterparties, and in political accountability), influence the design of their financial safety nets and their...
Persistent link: https://www.econbiz.de/10010524271