5  Leland C. Brendsel, "Government-Sponsored Enterprises," Hearing before the Subcommittee on Oversight of the Committee on Ways and Means, House of Representatives, the 101st Congress, September 28, 1989. 2  BIS Review 37/2005  Otherwise, large and rapid dynamic adjustments will result in sharp changes in the prices for rebalancing and hedging a mortgage portfolio.
This problem can only be effectively solved o  By adapting policy to the cultural preferences of those communities;  o  By designing basic institutions in a way that every community is involved in the production process and becomes the owner of its own destiny;  o  And by submitting globalisation to a set of basic rules ensuring everyone benefits from a fair level playing field and public intervention is dully framed.