Bloomberg view
Eurozone reform proposals don't go far enough
Banks are required to stress test their balance sheet. Doing the same for national economies would make risk factors more transparent and may make for more responsible policymaking.
(Sony Kapoor is managing director of the international think tank Re-Define.)
Large bank failures in recent years have led to reforms that strengthen crisis prevention and give regulators and banks the tools for dealing with crises that do occur.
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