In the Bank Holding Company §4(j)(2)(A) and Bank Merger Act lists, the new factor is simply “‘risk to the stability of the United States banking or financial system.”‘ In the Bank Holding Company Act §3(c)list, the factor is “‘greater or more concentrated risks to the stability of the United States banking or financial system.”‘ While the import of this different wording does not seem great, it is unclear why it was chosen in this provision and not in the Bank Merger Act, which also covers bank acquisitions.
Careful analysis of the problems will clearly help us decide on an appropriate policy strategy. - Current account problems should be viewed from several different angles. The logic behind macroeconomic variables presents three fundamental perspectives from which to analyse a current account deficit: 1. Foreign trade and the services and income accounts of the balance of payments 2.