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How to Solve the Financial Crisis

Editorial, New York Times | November 3, 2008

With the financial crisis still in full progress, political leaders are ready to cooperate. ++ As politicians negotiate next week, they have to realize that the economy is still too unstable to carry out extensive reforms. ++ Discussions are needed to evaluate the roots of the crisis, followed by talks about "substantive reforms." ++ An “international high level group of non governmental experts” should assess the causes of the crisis. ++ On the basis of these results another group of experts should then "lay out a list of potential policy changes."

 

 
 
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