Systemic failure (finance)/Definition: Difference between revisions

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imported>Nick Gardner
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imported>Nick Gardner
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The inability of a large proportion of a country's financial institutions to act as [[financial intermediaries]].
The inability of a large proportion of a country's financial institutions to perform their [[financial intermediary]] function.

Latest revision as of 11:44, 4 February 2010

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Systemic failure (finance) [r]: The inability of a large proportion of a country's financial institutions to perform their financial intermediary function.