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Qaagi - Book of Why

Causes

Effects

The arbitrage between the subsidized rate and the market ratehas createddistortions in the financial system

We are also paying £ 6million on a projectto createa “ sound financial system ” in Kenya

These subsidies , coupled with intermittent interest rate ceilings in the private markethave causeddistortions in the financial system

exchange rate anchorscan causedistortions in the financial system

The Treasury recognised early that including NBDTs in the schemewould createdistortions in the financial system

Our stock markets ... the global flowcreatessystemic risk for Indian financial system

the measures undertaken by BJP governmenthave createddisastrous resuls in financial system

A continuation of the central bank ’s zero - interest rate policy for a few more yearscould createdistortions in the financial system

as the Bank forces rates above and below a free market rate then it startsto createdistortions in the financial system

in Argentinacreatesdistortions in the financial system

derivatives trading ... a very risky activitycould leadto widespread disruption of the Kenyan financial system

The task of regulators , of course , is notto preventDarwinian selection in the financial system

its setting upinfluencesits setting up

bigger and bigger crises until the last crisis is so big that it literally breaks the systemcausesbigger and bigger crises until the last crisis is so big that it literally breaks the system

the global financial crisis ... that crisis and the recession are more deeply rooted in contradictions in the global development trajectorytriggeredthe global financial crisis ... that crisis and the recession are more deeply rooted in contradictions in the global development trajectory

of four “ Sub – systems ” : ato be composedof four “ Sub – systems ” : a

to a misallocation of resourcesledto a misallocation of resources

to benefit the wealthy Northern hemisphere at the expense of the Southern hemisphereis designedto benefit the wealthy Northern hemisphere at the expense of the Southern hemisphere

to benefit the haves of the wealthy Northern hemisphere at the expense of the Southern hemisphereis designedto benefit the haves of the wealthy Northern hemisphere at the expense of the Southern hemisphere

in four defaults banks ( namely , contagious default ... because the KCB bank is the highest interconnectedness and its total assets and interbank assets are the largestcan resultin four defaults banks ( namely , contagious default ... because the KCB bank is the highest interconnectedness and its total assets and interbank assets are the largest

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Smart Reasoning:

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