What is the role of the IMF and how do you create global financial stability? Knowledge debat asked dr. Michael Koetter.
His proposition:
To gain financial stability in the long run transparency is needed. The IMF
should pressure national supervisors to collect and publish more detailed
information on financial institutions activities.
Do you agree or disagree? You can contribute to the discussion on:
http://kennisbron.hosting.rug.nl/wordpress/?p=77
I definately agree with the notion of the IMF exposing more of the companies that are not abiding by the standards in which we as people, trusting in the powers who regulate our economic stability, have put faith in. The opaque gesture made by Mr. Koetter is completely correct in the sence that we are only lead to believe that bad practices are out there but we do not know who has made these practices common. Hopefully better transparency is forth comming. If not, a push needs to be made soon.
cmkoetter 3 years ago