Global Balance Key to Regulatory Restructuring

May 3, 2010

NEW YORK -- In the aftermath of the global recession, regulators from developed nations are working with financial industry leaders to build a new foundation for a more balanced global economy less susceptible to worldwide crises. To help achieve this balance, individual countries must first adopt international reporting standards, control their own debt-to-gross domestic product ratios, and work together to identify and address imbalances as they crop up.

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