Threats
to the integrity of financial markets
posed by hedge funds begin to be taken
seriously by countries exerting the main
influence on the international financial
regime, only when the threats involve
their own markets, rather than the emerging
ones. In order to protect their financial
system stability, countries with emerging
financial markets will thus have to continue
to rely on national policy solutions.
This presupposes the maintenance of necessary
policy space, which in turn requires avoidance
of, and resistance to, international obligations
restricting this space.
July 5, 2007.
|
|
|
|
This Document is in Adobe
Acrobat format and would
need a PDF reader to
view it. |
|
|
View/
Download the
full text in PDF format |
|
if
you have problem
opening the file, right click
on hyperlink and select "SaveTarget
as" to save
the file on your hard drive. |
|
Size:
51.4 KB
App. Download Time:
less than 1min @ 28kbps |
|
|
|
|
Click below
to get Adobe
Acrobat Reader, a free software
to view and print Adobe Portable
Document Format (PDF) files. |
|
|
|
|
|
|
|