The New Rules of the Game - Essay Example

Due to the fact that the current financial market is international, there is a need for a perfect and effective national supervision and a fundamental reform in the monetary regulation section. Such efforts have been implemented by the British where it has projected the uniting of the IMF, the World Bank, and the primary controlling authorities. The requirements of the new rules include accurately made report to the global community by each and every national economy. Second, the new rules ought to maintain the right ethics for clearness and disclosure.

These new rules of the game are not subsidiary to the monetary planning for the fresh international economy: they are the monetary design for the new international economy.Work Citedhttp://www.pbs.org/wgbh/commandingheights/hi/story/index.html