Furthermore, the most important threat generated by these actions is a widespread movement toward protectionism that could hamper the sustained recovery of the world economy. Thus, it is preferable to completely avoid these measures. Conclusion The global crisis has revealed the importance of establishing conditions to ensure the continuous functioning of the financial system.
To lower the likelihood of financial collapses, an indispensable prerequisite is for economic policy never to become a source of problems. Additionally, a preventive, rules-based approach to the regulatory and supervisory framework of financial institutions is a prerequisite for generating adequate incentives.