Author Topic: A G-20 Insurance Solution for Global Imbalances; Brookings  (Read 939 times)

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A G-20 Insurance Solution for Global Imbalances; Brookings
« on: March 15, 2009, 08:01:12 AM »
A G-20 Insurance Solution for Global Imbalances
Global Financial Crisis, Global Finance, G-20 Summit, Global Economics, Financial Markets


http://www.brookings.edu/opinions/2009/0310_insurance_prasad.aspx?p=1

Eswar Prasad, Senior Fellow, Global Economy and Development

Wall Street Journal Asia

MARCH 10, 2009 —

Everyone is now keenly aware of the imbalances that allowed the financial crisis to develop into a cataclysm. But governments are pursuing the same old policies that brought on the crisis in the first place, because no one has yet succeeded in giving countries incentives to take global financial stability into account when crafting their domestic policies. It's time for a new approach.

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« Last Edit: September 08, 2010, 05:41:38 PM by Alpha Mike »