Summary of the G-20 Workshop on Developing Strong Domestic Financial Markets, 26-27 April 2004

Joerg Stephan, James Powell, Robert Lafrance and James Haley
Additional contact information
Joerg Stephan: Deutsche Bundesbank
James Haley: Bank of Canada, https://www.bankofcanada.ca/

Bank of Canada Review, 2004, vol. 2004, issue Autumn, 33-42

Abstract: G-20 representatives, academics, market participants, and members of international financial institutions were brought together in Ottawa to explore the connection between robust financial markets and economic growth and development, share experiences, and to develop policy recommendations, where possible. Participants identified several areas they deemed critical for fostering strong domestic financial markets and reducing external vulnerability: sound macroeconomics policies, strengthened financial infrastructures and banking systems, and exchange rate flexibility for countries with widely open capital accounts. Papers presented in the six sessions and keynote address highlighted a number of issues, including currency mismatches, the sequence of financial liberalization and supervisory reforms, the development of local financial markets, infrastructure building and governance, and appropriate incentives.

Date: 2004
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.bankofcanada.ca/wp-content/uploads/2010/06/stephan.pdf full text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bca:bcarev:v:2004:y:2004:i:autumn04:p:33-42

Access Statistics for this article

More articles in Bank of Canada Review from Bank of Canada 234 Wellington Street, Ottawa, Ontario, K1A 0G9, Canada. Contact information at EDIRC.
Bibliographic data for series maintained by ().