G20 Summit : the need to regulate short-termism

At the G20 summit coming up in Toronto on 26-27 June, leaders are expected to focus on how to avoid a repeat of the recent global financial crisis. However, the IMF’s recommendations fail to address a key issue -- short-term incentives that encourage bankers’ risky behaviour.

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Bibliographic Details
Main Author: Richard W. Carney
Other Authors: S. Rajaratnam School of International Studies
Format: Commentary
Language:English
Published: 2011
Subjects:
Online Access:https://hdl.handle.net/10356/92484
http://hdl.handle.net/10220/6597
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Institution: Nanyang Technological University
Language: English
Description
Summary:At the G20 summit coming up in Toronto on 26-27 June, leaders are expected to focus on how to avoid a repeat of the recent global financial crisis. However, the IMF’s recommendations fail to address a key issue -- short-term incentives that encourage bankers’ risky behaviour.