Members in the News
- Kuroda's Views on Asia's Contributions to the Global Economy
- July 24, 2014
- In a speech, G30 member and Governor of the Bank of Japan, Haruhiko Kuroda, discusses current changes and future challenges for Asian economies. Governor Kuroda also offers possible counter measures and policy options for dealing with these challenges to preserve growth..
- Stanley Fischer Gives Martin Feldstein Lecture
- July 10, 2014
- Vice Chairman of the Federal Reserve and former G30 member, Stanley Fischer, delivered the Martin Feldstein Lecture at the NBER. During his remarks, Vice Chair Fischer referenced recommendations from the 2009 G30 report, Financial Reform: A Framework for Financial Stability. The report can be downloaded here.
- Draghi Delivers Tommaso Padoa-Schioppa Memorial Speech
- July 9, 2014
Mario Draghi, G30 member and President of the European Central Bank, delivered the keynote speech at the Tommaso Padoa-Schioppa Memorial Lecture. In his speech Mr. Draghi argued for increased cohesion and integration in the euro area through community level governance over fiscal and structural policies.
- Cavallo Explains Argentina’s Experience with Sovereign Debt Restructuring
- July 8, 2014
- In an article for Latin Finance, former economic minister of Argentina and G30 member Domingo Cavallo explains Argentina’s experience with sovereign debt restructuring and presents the lessons learned from Argentina’s disorderly debt default.
- Kuroda on Japan's Economic Outlook
- June 23, 2014
G30 member and Governor of the Bank of Japan, Haruhiko Kuroda, outlines the state of Japan’s economy today, and the outlook for economic activity and prices as the Bank continues to pursue a 2 percent price stability target. Governor Kuroda also speaks about some of the challenges the Bank faces in strengthening Japan’s growth potential.
- Interview with Bill Rhodes
- June 19, 2014
In an interview on Bloomberg Market Makers, G30 member and President and CEO of William R. Rhodes Global Advisors, Bill Rhodes talks about regulation, and supervision in the financial sector and the importance of banking culture. During the interview, he highlights the recommendations from G30’s recent report, A New Paradigm: Financial Institution Boards and Supervisors, on the relationship between boards of directors and supervisors.
- Tharman Shanmugaratnam Celebrates IBF at 40
- June 10, 2014
In a speech, G30 member and Singapore’s Minister of Finance, Tharman Shanmugaratnam highlights the successes of the Institute of Banking and Finance (IBF) and its role as a leading institution in Singapore’s Financial Sector. Minister Tharman also looks to future challenges and commends new initiatives being unveiled by the IBF designed to strengthen the skills and expertise of Singaporeans working in the Financial Sector.
- Caruana on Regulating Risk in the Financial System
- June 4, 2014
Bank for International Settlements General Manager and G30 member Jaime Caruana reflects on risk in financial systems and strategies that have been used to face risks since the crisis. Caruana hopes for more proactive changes in regulatory policy for financial systems.
- Carney on Inclusive Capitalism
- May 27, 2014
G30 member and Governor of the Bank of England, Mark Carney, stresses the role of social capital as a key component in the continued growth of market based economies. Carney calls for a change in the banking culture arguing that trust, and shared responsibility are paramount and he lays out several measures that could help rebuild social capital and promote inclusive capitalism, from changing financial market structures and compensation schemes to the creation of the Banking Standards Review Board.
- Rajan Discusses India's Banking Sector
- May 20, 2014
In a speech G30 member and Governor of the Reserve Bank of India, Dr. Raghuram Rajan, continued the debate over the banking sector in India by arguing that public sector banks do not need to become privatized to become more competitive. Instead, Dr. Rajan calls for changes in governance and in the way lending is managed as well as expanding flexibility in operations and compensation.
- A New Paradigm: Financial Institution Boards and Supervisors
This report examines the role and responsibility of banking supervisors in corporate governance.
- Debt, Money, and Mephistopheles: How Do We Get Out of This Mess
Adair Turner discusses causes that contributed to the financial crisis and post crisis recession.
- Long-term Finance and Economic Growth
The report examines critical constraints on the supply of long-term finance and calls for reforms that can strengthen the flow of capital into long-term investments by governments, institutional and individual investors.