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Open Economics: Inspiring Confidence Through Transparency

 

Market confidence is a valuable commodity in tough economic times. And governments will try just about anything to inspire some.  Recapitalization--bailouts--for struggling sectors is one approach.  Another (less deficit-inducing) solution seeks to inspire confidence through a sizable dose of transparency. Bank stress tests are beginning to figure prominently in the later effort.  Stress tests measure how well financial institutions perform under financial "what if" scenarios.

Read more at OpenSource.com
 

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