money and banking questions , 4.1 and 4.2, I need your help please.

(4 marks) QUESTION 4 (20 MARKS) 4.1 Financial institutions are vital for the health of the economy, hence well-functioning commercial bank are crucial for the development of the country. Let's assume that you are selected to be a government of the bank of Namibia would you continue to recommend the issuing of commercial banking licenses to foreign owned banks? Elucidate your answers. (10Marks) 4.2. Why might emerging market economies want to implement financial liberalization and globalization gradually rather than all at once? (10 Marks)]