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State of the Nation - a UK Perspective on Covid-19

Disaster Planning and Emergency Management

Since the start of the crisis, I have constantly affirmed that the key to understanding the effects of this pandemic is the UK Government's failure to give adequate weight to emergency planning and management (Alexander 2020a, 2020b). Plans were made in the UK in 2006, 2008, 2011 and 2014. I have taught it every year since then.

2008 52
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The GSE Public-Private Hybrid Model Flunks Again: This Time It’s the Federal Home Loan Bank System (Part 2)

The Stoop (NYU Furman Center)

It describes how the GSE design defect had very publicly manifested itself in these institutions prior to their being taken over by the government via conservatorship in 2008. It did so, for example, in 2004 to cover the budget year 2003, when its estimate was $3.2 trillion of assets) and are the most well-known and studied GSEs.

2008 59
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The GSE Conservatorships: Fifteen Years Old, With No End in Sight

The Stoop (NYU Furman Center)

Under the pressure of the financial crisis, in mid-2008, the market began to lose confidence in the implied guarantee given its informal and unwritten nature. However, it never made it past Senate Banking Committee approval in 2014. government (i.e., trillion amount.