Sentences with phrase «financial system reforms»

Not exact matches

December 2002 (769 kb PDF file): Research summaries on IMF conditionality and country ownership of reforms and on public policies and the Millennium Development Goals; country / area study: Hong Kong SAR; summaries of conferences on challenges to central banking from globalized financial systems and on globalization in historical perspective; agenda of Third Annual IMF Research Conference; summary of September 2002 World Economic Outlook; visiting scholars at the IMF; contents of latest issue of IMF Staff Papers, other IMF research publications.
As part of financial reform, President Obama tasked one consumer watchdog with «looking out for regular people in the financial system
Furthermore, there should be no rollback of the postcrisis reforms that have strengthened oversight of the financial system.
This priority has given rise to an ambitious and comprehensive agenda of reforms to make the global financial system more resilient.
As I noted in a recent speech, we face three major challenges that will determine how smooth this economic expansion turns out to be.5 First, we need regulatory reform that makes our financial system more stable and resilient.
If the U.S. does not make significant structural changes including entitlement reform, budgetary reform and a simpler tax system, he foresees another financial crisis of possibly greater magnitude in the years ahead.
See Debelle G (2013), «The Impact of Payments System and Prudential Reforms on the RBA's Provision of Liquidity», Address to the Australian Financial Markets Association and Reserve Bank of Australia Briefing, Sydney, 16 August.
«Cryptocurrencies and blockchain technology pose a dramatic change to the existing regulatory landscape; they have the potential to reform the global financial system around peer - to - peer transactions, without traditional financial intermediation,» Neha Narula, Director of the Digital Currency Initiative at the MIT Media Lab, said.
This involved assessing vulnerabilities affecting the global financial system and proposing actions to address them, promoting implementation of financial sector regulation and policies and monitoring implementation of the agreed reforms.
Leland describes the Chinese reform as a reversal of financial repression and this repression in the context of the Chinese economy is the oppression of consumers and households by state organizations through its economic systems.
Last Thursday, the Office of Financial Research (OFR), part of the Federal boondoggle created under the Dodd - Frank financial reform legislation in 2010 to foster the illusion that the government was reining in risk on Wall Street, released a new study showing almost unfathomable levels of systemic and interconnected risk among the too - big - to - fail banks that cratered the U.S. financial system in 2008 and has left our economy still struggling to righFinancial Research (OFR), part of the Federal boondoggle created under the Dodd - Frank financial reform legislation in 2010 to foster the illusion that the government was reining in risk on Wall Street, released a new study showing almost unfathomable levels of systemic and interconnected risk among the too - big - to - fail banks that cratered the U.S. financial system in 2008 and has left our economy still struggling to righfinancial reform legislation in 2010 to foster the illusion that the government was reining in risk on Wall Street, released a new study showing almost unfathomable levels of systemic and interconnected risk among the too - big - to - fail banks that cratered the U.S. financial system in 2008 and has left our economy still struggling to righfinancial system in 2008 and has left our economy still struggling to right itself.
In «Comparing Nest Eggs: How CPP Reform Affects Retirement Choices,» authors Alexandre Laurin, Kevin Milligan and Tammy Schirle find that once the interaction of these age - based CPP adjustments with the tax system is taken into account, some lower - income Canadians will still have financial incentive to retire early, because they face penalties if they don't.
Overall, the reform would shift from a worldwide system to a territorial system, based on where consumption occurs rather than where production takes place; from a system that allows interest deduction to one that largely ignores financial flows; and from a tax on income toward a tax on consumption.
Quick to say they found the root - cause of the crisis — a banking system thats massive financial leverage and global interconnectedness created profound systemic risks to our modern economy — they swiftly passed Dodd Frank, a comprehensive regulatory reform package dressed up as the antidote to our sick financial system.
In fact, if anything, legislative «reforms» like Dodd - Frank did nothing more than enable the big banks to continue using derivatives and Ponzi - scheme financial structures as mechanisms to continue sucking wealth out of the system.
The Bank is helping to lead the reform of the global financial system.
This is a critical time for the British, European and global economies; a decisive period for reform of the global financial system including its leading financial centre, the City of London; and a crucial point in the Bank of England's history as it accepts vital new responsibilities.»
As the global financial system struggles to work its way out of the crisis and regulators in the US and Europe begin the painstaking process of derivatives reform, prime brokers, dealers and other derivatives providers find themselves staring across a dramatically altered market for options, futures, swaps and structured and more - exotic products.
Citizens of other countries where the financial system was crippled or injured are much more aggressive in their support for radical surgery, such as certain provisions embedded in the U.S. financial reform bill.
«Work is the best means of providing people with financial security, and with our welfare reforms people are moving into employment faster and staying there longer than under the old system
Given the stakes and the sleaziness involved, it would not be surprising to learn that some who would be most adversely effected by Pell's success in Vatican financial reform may have been generating false accusations now in play in the Australian judicial system.
Legislative and regulatory reforms are needed to curb current abuses and preserve the soundness of our financial system.
Boosted Fuel Efficiency Standards Coordinated International Response to Financial Crisis Passed Mini Stimuli Began Asia «Pivot Increased Support for Veterans Tightened Sanctions on Iran Created Conditions to Begin Closing Dirtiest Power Plants Passed Credit Card Reforms Eliminated Catch - 22 in Pay Equality Laws Improved Food Safety System Expanded National Service Expanded Wilderness and Watershed Protection Gave the FDA Power to Regulate Tobacco Pushed Federal Agencies to Be Green Leaders Let Space Shuttle Die and Killed Planned Moon Mission Improved School Nutrition Expanded Hate Crimes Protections Brokered Agreement for Speedy Compensation to Victims of Gulf Oil Spill Pushed Broadband Coverage Expanded Health Coverage for Children Helped South Sudan Declare Independence Killed the F - 22
The transition to private savings accounts would involve substantial financial costs, but so would any of the potential reforms of the Social Security system.
Certainly the least likely way to achieve a successful reform of the financial system of the largest organisation in the world, was by a head - on refusal to perform the normal tasks of its head.
The dollar was floated, the financial system was modernised, unfair and rort - driven tax laws were reformed and sustainable jobs were created in world - class competitive industries.
By guiding, informing, and coordinating alternative options for parents, educators, health and human service professionals, faith - based counselors, legislators, and the public at - large, CRC is able to help reduce divorce and strengthen families through custody reform; parental mediation and training; conciliation and access; parental financial and educational support systems; legislative revision and court briefs.
The update of the social security information of employees on the payroll system was aimed at cleaning the mechanized payroll database, which forms part of the Public Financial Management Reform program
However, the United States should also be an active partner in the on - going reform process by tackling the existing patronage system, particularly — but not exclusively — through its financial and military influence in institutions such as the International Monetary Fund and NATO respectively.
Finally, these Wall Street reforms will give shareholders new power in the financial system.
By enacting these reforms, we'll help ensure that our financial system — and our economy — continues to be the envy of the world.
Schneiderman defended Obama's governing, however, saying Republicans in Congress have thrown up road blocks to any meaningful reform of the financial system.
The parties agree that the regulatory system needs reform to avoid a repeat of Labour's financial crisis.
Banking Reform The parties agree that reform to the banking system is essential to avoid a repeat of Labour's financial crisis, to promote a competitive economy, to sustain the recovery and to protect and sustainReform The parties agree that reform to the banking system is essential to avoid a repeat of Labour's financial crisis, to promote a competitive economy, to sustain the recovery and to protect and sustainreform to the banking system is essential to avoid a repeat of Labour's financial crisis, to promote a competitive economy, to sustain the recovery and to protect and sustain jobs.
Further benefits of the Reforms, include reduction of the cost of governance through improvement in value for money, eliminating of wastages, and blocking of leakages through deployment of appropriate technological solutions in government financial management system.
Gordon Brown and Nicolas Sarkozy say the European Union is united on proposed reforms to the international financial system.
The next parliament could see cherished progressive liberal aspirations realised: a proportional electoral system; wider and better - defended civil liberties; a new, internationalist approach to foreign affairs and immigration; reform of the tax system to share wealth and curb carbon emissions; and an assault on the vested interests of the financial sector.
• Janan Ganesh in the Financial Times (subscription) says that although the government is succeeding at cutting the welfare bill, its attempts to reform the welfare system could fail.
«Despite the concern I voiced yesterday about the speed with which the MRT voted, I believe, on the whole, that the final report contains needed reforms that will place our Medicaid system on a path to long term financial sustainability while safeguarding quality healthcare for New Yorkers in need, the elderly and the disabled.»
The parties agree that reform to the banking system is essential to avoid a repeat of Labour's financial crisis, to promote a competitive economy, to sustain the recovery and to protect and sustain jobs.
Having undertaken deliberate policy reforms to digitize Ghana, and to formalize the Ghanaian economy, President Akufo - Addo stated that the national identification and address system, the driver's licence and vehicle registration, the paperless operation at the ports, inter-operability of payment system in the financial sector, are all geared towards modernizing the economy.
The governor announced that he would seek an array of good government reforms from the State Legislature, a number of them familiar: preventing donors from circumventing contribution caps through the creation of shell limited liability corporations; enhancing personal financial disclosures; creating a public financing system; and instating constitutional amendments to establish term limits for Albany lawmakers (though not Cuomo and the current class of legislators), extend the legislative session from six months to year - round and ban outside income.
Washington (CNNMoney.com)- Two key senators announced announced their support for the Wall Street reform bill Monday, placing Senate Democrats days away from winning the final vote to passing the most sweeping set of changes to the financial system in decades.
«Over the four years of the Inquiry's operations, we have seen reform of the global financial system gather pace as banks, investors and regulators realize they must step up — not just to protect people and the planet, but their bottom lines,» said Erik Solheim, head of U.N. Environment, in a statement.
The Bologna reforms are supposed to eliminate social and economic obstacles by promoting financial support and comprehensive student - service systems.
To prevent any slippage, the report says, the federal government should reform the patent system to make litigation less common, ease financial regulations that may impose special burdens on start - up companies, and fund research programs aimed at some of the field's biggest challenges.
Foster didn't join the House's science committee as a rookie, instead focusing his legislative energies on reforming the nation's tattered banking system after the 2008 financial meltdown.
The reformed federal financial aid system emerged as part of the Obama administration's push to get more young adults in college and move them along to graduation.
Reilly's perspective, honed over more than 30 years in the field, continues to mature asthe financial aid system in the United States undergoes yet another round of reforms, and American families fret over how to pay the ever escalating costs of higher education.
While its argument for regaining control of the schools rested on the principle of local control, a chastened OPSB also pointed out that it had instituted financial reforms since the system's bankruptcy prior to Katrina.
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