STOP PREACHING
Tema(s): En: Financial Times 5 nov. 1998, p. 16Resumen: Last week, the G7 finance ministers adopted a constructive approach. True, the proposals reflect many continuing flaws, especially a tendency to preach to developing countries. But if followed up by real negotiations between creditor and debtor countries, the initiative will lay the groundwork for a much improved international financial system. The declaration makes advances in four areas: 1. it calls for heightened supervision of creditor financial institutions, including investment banks, hedge funds and offshore institutions; 2. the G7 has come down firmly against the IMF tradition of secrecy; 3. the G7 is more nuanced and realistic than previously about capital market liberalisation; 4. the G7 recognises, albeit in muted terms, the failings of recent IMF bailout loans.| Tipo de ítem | Biblioteca actual | Signatura | Info Vol | Estado | Fecha de vencimiento | Código de barras | |
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Analítica de Seriada
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BIBLIOTECA ECONÓMICA BCE - QUITO | RESUM-017192 (Navegar estantería(Abre debajo)) | Financial Times. 5 nov. 1998, p. 16 | Disponible |
Last week, the G7 finance ministers adopted a constructive approach. True, the proposals reflect many continuing flaws, especially a tendency to preach to developing countries. But if followed up by real negotiations between creditor and debtor countries, the initiative will lay the groundwork for a much improved international financial system. The declaration makes advances in four areas: 1. it calls for heightened supervision of creditor financial institutions, including investment banks, hedge funds and offshore institutions; 2. the G7 has come down firmly against the IMF tradition of secrecy; 3. the G7 is more nuanced and realistic than previously about capital market liberalisation; 4. the G7 recognises, albeit in muted terms, the failings of recent IMF bailout loans.
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