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I believe it was Franklin D. Roosevelt.
The external factors that affect developmental crisis, are ones like banking contributions, and problems with the overall functionality of the development. This can be true for underdeveloped countries as well.
Sustained crises are types of crises that can persist for months or even years. These types of crises can result from media rumors or speculation.
In developing countries, there are several things that can affect development, and cause a developmental crisis. External factors are the main concerns, and this includes rival countries defensive mechanisms, banking contributions, and more.
I am not a Nigerian nor a student of Nigerian banking system. However I am an ex banker of Indian banking system with fair amount of experience and education. All banking system collapse has to come out of non recovery of amount lent in time. Some of the crisis can be temporary arising out of time mismatch and while a major crisis can come of quality of assets. Nigerian problem could not be different.
The Great Depression
Emergency Banking Relief Act
banking industry
congress passed the emergency banking bill.
banking
The Great Depression
wall street crash
Prisoners of Debt Inside the Global Banking Crisis - 1984 was released on: USA: October 1984 (Chicago International Film Festival)
Issuing licenses to banks that the federal examiners found to be financially sound
It fixed the banking crisis because people started trusting the banks again and deposited there into the bank which helped the economy
The global financial crisis and the mismanagement of some of the Nigerian banks are the reason why there are changes in the Nigerian Banking Act.
Viljar Jaamu has written: 'The methods and instruments for solving the banking crisis and the development of the banking sector in Estonia' -- subject(s): Financial crises, Banks and banking, Bank failures