Um dilema de todas as épocas, em todos os lugares, e que nunca vai terminar.
Governos são concentradores de poder; mercados são disseminadores de riqueza, e o conflito nasce exatamente daí...
Paulo Roberto de Almeida
In light of the momentous events in financial markets this week, we present a special series of essays by Ravi Menon, managing director of the Monetary Authority of Singapore, the country's central bank. He has a dual message for would-be reformers: Yes, Europe, governments need markets — and yes, America, markets need governments. The key is that markets and governments need to do what they do more effectively.
Why Supervising the Financial Sector Really Matters