Sentences with phrase «reform of the financial 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.
Schneiderman defended Obama's governing, however, saying Republicans in Congress have thrown up road blocks to any meaningful reform of the financial system.

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.
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.
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
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.
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
By enacting these reforms, we'll help ensure that our financial system — and our economy — continues to be the envy of the world.
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.
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.
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.
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.
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.
Borrowing in this way might seem like a daunting prospect for schools already facing the financial uncertainly of ongoing funding reforms, and it may not be right for all, but the savings generated can pay off the loan before becoming income for the school for the remainder of the system's lifespan.
California's new school funding system is driving districts in diverse regions of the state to shift their resources to achieve one of the key goals laid out in the sweeping financial reform effort — graduating students so they are ready for college or careers.
As Arizona's largest charter support organization, the Association is ready to tackle the challenge of fixing Arizona's broken school finance system, and working with state leaders and other organizations who will implement financial reforms and invest funds critical to ensuring student achievement.
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Similarly, with the financial demands of California's government pension systems just one more market downturn away from completely crippling local governments, bipartisan support for dramatic pension reform is inevitable.
Anyone working in the pension reform movement is soon confronted with arguments from defenders of the current pension system that are — to put it nicely — inconsistent with standard financial economics.
April McIntosh manages accounting, financial reporting, human resources, and day - to - day operations for the Center for Reform of School Systems.
Calling themselves the «Connecticut Council for Education Reform «top executives from New Alliance Bank, The Hartford Insurance Company, UBS Private Wealth Office, Yale New Haven Hospital System, Webster Bank, The Community Foundation of Greater New Haven, Nestle Waters North America, First Niagara Financial Group, Yale University, the Travelers Companies, Inc., The Connecticut Business & Industry Association, United Illuminating Holdings Corporation and GE Asset Management are pushing to take center stage in this year's education reform dReform «top executives from New Alliance Bank, The Hartford Insurance Company, UBS Private Wealth Office, Yale New Haven Hospital System, Webster Bank, The Community Foundation of Greater New Haven, Nestle Waters North America, First Niagara Financial Group, Yale University, the Travelers Companies, Inc., The Connecticut Business & Industry Association, United Illuminating Holdings Corporation and GE Asset Management are pushing to take center stage in this year's education reform dreform debate.
Among the bloggers who attended the «discussion,» which centered on financial reform, the Treasury's efforts to stabilize the financial system, and the challenges ahead, were the publishers of Naked Capitalism, Interfluidity, Marginal Revolution, Kid Dynamite's World, Across the Curve, Accrued Interest, The Aleph Blog, and Financial Armageddon (one of my twfinancial reform, the Treasury's efforts to stabilize the financial system, and the challenges ahead, were the publishers of Naked Capitalism, Interfluidity, Marginal Revolution, Kid Dynamite's World, Across the Curve, Accrued Interest, The Aleph Blog, and Financial Armageddon (one of my twfinancial system, and the challenges ahead, were the publishers of Naked Capitalism, Interfluidity, Marginal Revolution, Kid Dynamite's World, Across the Curve, Accrued Interest, The Aleph Blog, and Financial Armageddon (one of my twFinancial Armageddon (one of my two blogs).
The fact sheet further lists ongoing efforts in capacity building, technical assistance and financial support for a number of enabling activities, such as improving data collection systems, institutional reforms and national monitoring systems.
Speaking in Tokyo last week, President Obama extended this problem to its logical conclusion, calling for rebalanced growth and a new U.S. economic strategy based on exports: «One of the important lessons this recession has taught us is the limits of depending primarily on American consumers and Asian exports to drive growth... [our] new strategy will mean that we save more and spend less, reform our financial systems, reduce our long - term deficit and borrowing.
Our regulatory research builds the case for reform of the financial regulatory system in order to improve transparency of climate - related financial risks and articulates the key changes to be made.
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