G20 Summit : the need to regulate short-termism
Richard W. Carney
Date of Issue2010
S. Rajaratnam School of International Studies
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.
RSIS Commentaries ; 064/10