Geneva, 9 October 2009
In the time since the first Financial Development Report was published, global leaders have mounted an unprecedented response to a financial crisis, the effects of which have rippled across all regions and levels of society. The urgency of the threat to the global economy and our collective prosperity has required pragmatic and at times inventive responses that transcended the conventions of recent history.
Now, with the publication of this, the second Financial Development Report, as leaders take stock of the efficacy of their actions, thoughts turn to the implications of this crisis on the assumptions on which our global financial system is based, and the legacy of this response.
Ends --





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