“What are the advantages and disadvantages of openness and transparency in managing liquidity crises?”

This essay is about how Commercial Banks deal with liquidity crises interms of openness and transparency and it’s advantages and disadvantages. (a)Demonstrate experience in independent investigation of the topic chosen by the student (b)Demonstrate the ability to sustain a structured argument and adduce appropriate supporting evidence (c)Demonstrate the ability to analyse, and reflect critically upon, relevant academic literature (d)Apply relevant theoretical and analytical techniques learned elsewhere in the module (e)Present material clearly and coherently in the form of text and related tables, diagrams (or statistical and mathematical forms) as appropriate (f)Draw appropriate conclusions from the research work conducted (g)Apply generic and transferable skills 1.3 Choice of topic The purpose of the essay is: To test your ability to apply a finance/accounting (or economic) perspective to an theoretical/empirical observation or a practical issue; The choice of topic is particularly important to accomplishing the above objective. Your essay can be just a literature review or you can also do a small scale empirical project which uses finance/accounting (or economic) concepts to answer a specific but interesting question. Your essay can be entirely theoretical or you can also demonstrate your ability to apply the theory. You may do this by