2022 ECO326E & ECO326 ASSIGNMENT "THE collapse of Lehman Brothers, a sprawling global bank, in September 2008 almost brought down the world's financial system. It took huge taxpayer-financed bail-outs to shore up the industry. Even so, the ensuing credit crunch turned what was already a nasty downturn into the worst recession in 80 years." This was in part largely blamed on poor regulation of the financial system. Taking this into account, critically discuss the rationale behind financial sector regulation (both regulation of the financial markets and regulation of banks). In your own view do you think it's good or bad for the growth of the economy for a country like South Africa? Your essay should have the following: Abstract Table of contents Introduction Body of the essay Sub headings Conclusion