Wednesday, December 21, 2011

Reform of the international monetary and financial system

"According to the architects, the latest financial regulations are designed to reduce the risks from large global capital flows – a key driver of the global crisis. But this column argues that such reforms do not go far enough and that the increasing risk of a second global financial crisis stemming from the Eurozone debacle re-emphasises the need for more changes..."

at http://www.voxeu.org/index.php?q=node/7455