The current volatility in markets stems from the policies brought in in the immediate aftermath of the financial crisis. These have now served their purpose, says Brian Caplen, and it is the time for the banking world to move on, unencumbered by red tape, QE and low interest rates, much as it could before 2009.
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There is a real chance that the Greek economy could recover significantly in 2016 following the successful recapitalisation of its main banks late last year, but first the country must take some important steps, not least regaining the trust of foreign investors, according to John (Iannis) Mourmouras, the senior deputy governor of the Bank of Greece.
The annual Microscope global report on financial inclusion provides a kind of open-source regulation for fostering the right environment to give everyone access to banking and credit services, wherever they are, writes Michael Schlein, president and chief executive of Accion.
Worries over China's economy would abate if market authorities communicated better and avoided overzealous interventions. And, for their part, investors should keep their cool when faced with less-than-stellar growth figures.
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