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Fighting Financial Crises: Making Policy
Bruner, Robert F. Technical Note F-1848 / Published July 26, 2018 / 5 pages.
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Product Overview

This note shapes a framework of competing policy priorities for governments in responding to a financial crisis: rescue, relief, recovery, and reform. The dominant considerations are where, when, how, and why governments should choose the order of these policy priorities. The second part of the note highlights six hurdles to policy making: ideologies, interests, incentives, institutions, innovations, and infrastructure.


Learning Objectives

Support student analysis of cases or other teaching material about the financial crisis of 2008. Demonstrate that policy making involves difficult tradeoffs and the surmounting of challenging barriers.

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  • Overview

    This note shapes a framework of competing policy priorities for governments in responding to a financial crisis: rescue, relief, recovery, and reform. The dominant considerations are where, when, how, and why governments should choose the order of these policy priorities. The second part of the note highlights six hurdles to policy making: ideologies, interests, incentives, institutions, innovations, and infrastructure.

  • Learning Objectives

    Learning Objectives

    Support student analysis of cases or other teaching material about the financial crisis of 2008. Demonstrate that policy making involves difficult tradeoffs and the surmounting of challenging barriers.