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Saving the International Financial System

Tuesday, October 8, 2002

arsip tempo : 173519190926.

. tempo : 173519190926.

George Soros*
*George Soros is President of Soros Fund Management and Chairman of the Open Society Institute.

 

THE international financial system is broken down in the sense that it fails to provide adequate capital to countries that need it most and qualify for it. Global financial markets suck most of the world's savings to the center, but they fail to pump money back out to the periphery. Indeed, since 1997, there has been a reverse


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