Millions of people across the country are thereby denied the opportunity to harness their earning capacity and entrepreneurial talent, and are condemned to marginalization and poverty. 8. But there is a brighter side to the story. Remember that illustration they give in business strategy courses.
Caruana (2011) highlighted that determining the manner of interaction and ensuring central bank autonomy needed to achieve price stability, will not be easy. Nonetheless, a number of countries, viz., the UK, the US and Euro area are gearing towards a new set of arrangements for better coordination between financial regulatory agencies.