Assignment

Task 1

Provide a 1500-word critical review of the article written by John Carney for Cnbc website.

Identify which parts of the argumentation are correct and provide evidence, reformulating the argument in a more analytical way, for instance through the use of balance sheets. Identify the shortcomings, if any, in the argumentation, explaining why these aspects are incorrect. Reformulate these aspects at the light of the knowledge you have acquired in the course.

You will need to use the contents of topics that will be studied in the coming weeks, such as bank financial statements, capital regulation and central money creation and monetary policy. For that purpose, you will get access to the slides and last year recordings of all remaining topics in the course. It will give you the chance to make progress in your study at the same time for the final exam.

Task 2

In a 700-word document, identify one country that currently applies a positive countercyclical capital buffer. Provide the details of the implementation and the rationales for that implementation.

Length: 2,200 words.

Attachment:- Assignment.rar