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This report, by the co-chairs of the T20 process during Germany’s G20 Presidency, presents 20 key policy recommendations for G20 policy-makers and stakeholders. The policy recommendations are formulated concisely to be easily accessible to those seeking a short summary of the main conclusions....
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In a series of summits, leading countries of the world will meet to draw up an international arrangement for financial … considers the problems that have to be solved by an international rule system. -- Financial instability ; lessons from the … subprime crisis ; failures of regulation ; crisis management ; elements of an international rule system ; role of the IMF …
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Das Leistungsbilanzdefizit der Vereinigten Staaten ist in seiner gegenwärtigen Höhe von 6½ Prozent des Bruttoinlandsprodukts dauerhaft nicht tragfähig. Verschiedene weltwirtschaftliche Entwicklungen wirken allerdings darauf hin, dass sich das Defizit langfristig auf ein tragfähiges Niveau...
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restructure the international financial architecture. However, policymakers are rightly criticized for having made only limited … progress in adjusting the regulatory and institutional framework to increased international capital mobility. This failure is … authorities in the ongoing reform debate. In the international context, especially the Bundesbank seems to fight a losing battle …
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Financial crises can have a severe impact on the real side of the economy with countries losing up to 20 percent of GDP. The paper studies rules that prevent financial instability and currency crises. These include institutional arrangements for a solid banking system, prudent regulations and...
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