OECD Journal: Financial Market Trends
- Discontinued
- Continues:
- Financial Market Trends
The articles in Financial Market Trends focus on trends, structural issues and developments in financial markets and the financial sector.
- Semiannual
- ISSN: 19952872 (online)
- https://doi.org/10.1787/19952872
The turmoil and the financial industry
Developments and policy responses
The situation in financial markets deteriorated over the past year, but government actions have helped to avert an even bigger crisis. While some signs of recovery are on the horizon, the banking sectors in many countries are not yet on solid footing. Recent government programmes that deal with banks’ ‘toxic assets’ are welcome in this regard. But further reaching financial sector reforms such as those recently endorsed by the G20 leaders and proposed in Europe and the United States are necessary in order to establish a sound financial system.
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