Once regulations are removed, the financial sector becomes not only more efficient but also more responsive to the financial needs of the economy. (rba.gov.au)
So while international approaches to apprenticeships can be promising, Kraemer smartly notes that the study amounts to a «cautionary tale of focusing on the short - term needs of an economy when designing a career preparation system.» (educationnext.org)
We have seen a lot of this before the global crisis of 2007 - 08, and the seemingly obvious conclusion it that the tendency to increase the savings rate beyond the productive needs of the economy was balanced at least in part by a surge in speculative and unproductive investments. (carnegieendowment.org)