"One year financial crisis: worse is still to come"
Dr. Michael Koetter invites you to join a new knowledge debate!
26 August 2008
The financial crisis: one year on. Worse is still to come, according to dr. Michael Koetter of the Faculty of Economics and Business. What should be done to put an end to the crisis?
In the new knowledge debate webcast Koetter explains the steps that should be taken. Market transparency is the key word here. Financial innovative products have been bundled and sold on.The true value of these products is therefore not known anymore. Financial institutions will be reluctant to share this sensitive information. They need to be pressured to provide more transparancy. According to Koetter this should be done by one centralised regulator.
In the new knowledge debate webcast Koetter explains the steps that should be taken. Market transparency is the key word here. Financial innovative products have been bundled and sold on.The true value of these products is therefore not known anymore. Financial institutions will be reluctant to share this sensitive information. They need to be pressured to provide more transparancy. According to Koetter this should be done by one centralised regulator.
Statement: "Financial institutions need to be pressured to provide more transparency by one centralised regulator"
Do you agree or disagree? You can join the discussion on our website: www.rug.nl/kennisdebat/
Last modified:25 October 2019 10.41 a.m.
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