ANSWER THIS QUESTION IN THE SPACE PROVIDED BELOW AFTER CAREFULLY READING:

https://voxeu.org/article/bank-intermediation-when-interest-rates-are-very-low-long

Review the article by Brei, Borio and Gambacorta (2020) and show how you can apply what was covered in BUS307 in a real-world situation. Insightful observations and discussion will attract the superior grade. Conversely inserting paragraphs/sections from your texts, internet and the Brei et al. (2020) article will not be viewed favourably. Also recall that plagiarism can result in a zero grade. Be concise.

A word limit of 500 - 750 words is suggested. A word count that exceeds this limit will not be marked. [15 MARKS]