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Opinion of the Day: Ways to fix the world’s financial system

The current turbulence in the global economy provides a good opportunity to undertake some necessary reforms. Prime Minister Brown writes that cross-border crisis management arrangements must be shown to be robust and transparency issues must be addressed to counter the underpricing of risk.
It is crucial that countries avoid lurching back towards protectionism and seeing globalization as a threat. Mr. Brown calls for progressive businesses and governments to agree to a manifesto for successful globalization and reiterates his commitment to achieving a fair WTO settlement on trade.
About the Author
The writer is the prime minister.


January 26, 2008 - Posted by | Economy & Business

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