Jesús Arturo Devesa
Economist , MBA
Ideas and data for congressmen and senators:
An efficient financial system - How an efficient financial system should be:
model of financial scenarios indicates us that an efficient financial
system should be based on minimal regulation, no bailouts in crisis,
freedom to fail, risk management, competition, capital allocation and
paying for mistakes.
If financial firms know that no government, no political influence will bear the risk of their failure it will be difficult for them to be sufficiently big to represent a threat to the economy in the case of failure.
Our ideas and studies taken from analytical data may give you instruments to implement innovative solutions.