Instead I will conclude by noting that helping displaced workers is good policy for at  BIS Review 19/2004  7  least three reasons. First, reducing the burdens borne by displaced workers is the right and fair thing to do.
11 More information about the NGFS is available on their website: ngfs.net/en 12 In New Zealand, we have a ‘twin peaks’ model for financial sector regulation: prudential regulation is undertaken by the Reserve Bank of New Zealand; conduct regulation is undertaken by the Financial Markets Authority.