Costs of Financial Instability (Financial Economics)
- A-Level, IB
- AQA, Edexcel, OCR, IB, Eduqas, WJEC
Last updated 21 Mar 2021
According to the Bank of England, “Financial stability – public trust and confidence in financial institutions, markets, infrastructure, and the system as a whole – is critical to a healthy, well-functioning economy.” Financial instability has significant economic and social costs as recent years have shown.