Chancellor Merkel has called in Davos to do everything so that the Bank crisis of 2008, The interest rate policy of the Central banks show repeatedly: “that we still nibble at this crisis.”
The world economic forum has called on Chancellor Angela Merkel’s politics and economy, to do everything so that the Bank crisis of 2008 is not repeated. The interest rate policy of the major Central banks show, “that we are not nibbling in the end is still to this crisis that we are still out,” she said in Davos. “If you are honest, put us in this crisis today, even in the bone.”
The crisis has cost a great deal of trust in politics and the economy. Although the subsequently introduced regulations that would have brought progress, but the Belief in a stable, international financial sector, have suffered “very”. Therefore, everything must be done to prevent a recurrence.
Again a plea for multilateralism
To run currently falling growth forecasts, among other things, a “multitude of errors and uncertainty in the multilateral System from Merkel’s point of view”. There were some challenges which could only be tackled together, such as climate change, trade and security matters – “everything else would lead to misery,” she said. You are going to use, therefore, very strongly that the multilateral order is in the future, not at the borders of the EU.
The current international order, equipment under pressure: China and India affect the world economy in the meantime – as an example, she cited the establishment of an Asian investment Bank as a counterweight to the world Bank, which described it as a “warning shot”. In the case of a Reform of international organizations such as the International monetary Fund and the world Bank’s new “balance of forces” reflect the need to.