Amid all the debates about reforming the global financial ?system, the two most important challenges are clear.
The first is to return banking to its rightful place in a market economy. Banking should not depend on a safety net from taxpayers. Those who most espouse the disciplines of capitalism – bankers and financiers – should live by them.
The second challenge is to take a much broader view of global finance than in the past. Looking back, regulators have to recognise that the rules of the game failed to keep up with the progressive fusion of banking, capital markets and insurance; and were not modified in response to accumulating macroeconomic imbalances.
您已閱讀14%（665字），剩余86%（4231字）包含更多重要信息，訂閱以繼續探索完整內容，并享受更多專屬服務。