The "Paulson Plan" and its implications

• Main Author: Woo, Raymond Weng Pong
• Other Authors: S. Rajaratnam School of International Studies
• Format: Commentary
• Language: English
• Published: 2009
• Subjects: DRNTU::Social sciences::Economic development::United States
• Online Access: https://hdl.handle.net/10356/92098; http://hdl.handle.net/10220/4539
• Institution: Nanyang Technological University

The US government's plan to inject US$ 700 billion into the finacial sector may have improved sentiment among investors and monitoring authorities in Wall Street. However, the "Paulson Plan" will likely provide only short-term benefits without solving the crisis' root causes. It...