The turmoil and the financial industry Developments and policy responses
The turmoil and the financial industry: Developments and policy responses

The situation in financial markets deteriorated over the past year, but government actions have helped to avert an even bigger crisis. While some signs of recovery are on the horizon, the banking sectors in many countries are not yet on solid footing. Recent government programmes that deal with bank...

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Bibliographische Detailangaben
1. Verfasser: Wehinger, Gert (VerfasserIn)
Format: Elektronisch Buchkapitel
Sprache:English
Veröffentlicht: Paris OECD Publishing 2009
Schlagworte:
Finance and Investment
Online-Zugang:DE-384
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Volltext
Zusammenfassung:The situation in financial markets deteriorated over the past year, but government actions have helped to avert an even bigger crisis. While some signs of recovery are on the horizon, the banking sectors in many countries are not yet on solid footing. Recent government programmes that deal with banks' 'toxic assets' are welcome in this regard. But further reaching financial sector reforms such as those recently endorsed by the G20 leaders and proposed in Europe and the United States are necessary in order to establish a sound financial system
Beschreibung:1 Online-Ressource (32 Seiten)
DOI:10.1787/fmt-v2009-art2-en

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