Choose any one country, analyse the current financial system and discuss the likely effects of the coronavirus epidemic, including:

1. Discuss the role of financial system. Explain how it bridge the gap between borrowers and lenders.

2. Discuss the regulation measures being adopted to reduce adverse selection and moral hazard problem in the system and minimise systemic risk during the epidemic,

3. Examine the financial implication and measures being implemented to diminish the effect of the epidemic on the financial system.