However, the effort is well worth making, as the potential benefits of increased global economic integration are large indeed. References Bloom, Nick, Raffaella Sadun, and John Van Reenen (2006). "It Ain't What You Do It's the Way That You Do I.T. - Investigating the Productivity Miracle Using the Overseas Activities of U.S. Multinationals," unpublished paper, Centre for Economic Performance, March.
If financial market economists did not see the dangers, how were small investors and savers supposed to have been aware of the risks involved in some of their investments, say Lehman certificates?