Financial Reforms Quotes

Fortunately, when Korea was struck by the 1997/8 financial crisis, that was a good opportunity for us to engage in fundamental reforms and strengthen our financial structure. As a result, our financial regulatory structure and regime have been very much strengthened.

Divestment measures would improve overall banking sector health.

Recapitalization has helped in many parts of the world.

Making strong infrastructural reforms, particularly in the area of social security, that's not an appealing prospect for any country or for any political structure. But that's a reality.

In occupied Iraq, the introduction of new paper money took almost a year, 20 or so Boeing 747s, the mobilisation of the U.S. military's might, three printing firms, and hundreds of trucks.

I strongly believe we must move forward with these much-needed reforms to the Ex-Im Bank by acting on a five-year reauthorization bill.

Daniel Tarullo has more power of the U.S. banking system than anybody since Alexander Hamilton. That's not an exaggeration, by the way.

I don't know how many resolutions from the IMF or G-20 we have already written saying that such [financial] reforms are necessary for new growth.

Little by little, The Depression era regulations that had served America so well were rolled back and finance became the dominant force that it is today. The shifts were bi-partisan and, to be fair, seemed like good idea at the time. But they also came with unintended consequences.

The G20 was established as a forum to discuss, first and foremost, world economic issues. If we load it with... Of course, politics affects economic processes, this is obvious, but if we bring some squabbles, or not squabbles, rather, some matters that are really important but relate purely to world politics, we will overload the G20 agenda and instead of addressing such issues as finance, structural economic reforms, tax evasion and so forth, we will engage in endless debates concerning the Syrian crisis or some other global challenges, of which there are many, or the Middle East problem.

I felt Nigeria didn't have to succumb to the image of being a corrupt country; we didn't have to let the economy stagnate.

Demonetisation has boosted our efforts to build an honest society.

Demonetisation was a defining moment in the government's war on corruption and black money.

The Greek people do not want to exit the euro. And I believe the Greek people already have shown that they have made major sacrifices to stay in the euro zone.

People are with our Prime Minister, Mr. Narendra Modi, with regard to the surgical strike on black money. They are not with the opposition parties.

While giving a clear majority to my government in 2014, the people of the country had also given a clear mandate to take strict action against corruption and black money.

Our domestic problems are for the most part economic. We have our enormous debt to pay, and we are paying it. We have the high cost of government to diminish, and we are diminishing it. We have a heavy burden of taxation to reduce, and we are reducing it. But while remarkable progress has been made in these directions, the work is yet far from accomplished.