The Savings and Loan Problem in the United States

· Policy, research, and external affairs working papers Book 351 · World Bank Publications
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The institutional arrangements for U.S. savings and loan institutions were a disaster waiting to happen. Recent economic events and government policies made it a big disaster. Developing countries can learn some important lessons from this experience.
The institutional arrangements for U.S. savings and loan institutions were a disaster waiting to happen. Recent economic events and government policies made it a big disaster. Developing countries can learn some important lessons from this experience.

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