Wednesday, August 5, 2009

De Standaard - 'Kijk naar de hele kameel'

De Standaard - 'Kijk naar de hele kameel'

An excellent interview in the Flemish De Standaard with Prof Wim Moesen about the regained role of government in regulating both the financial ecomony as the real economy. The key words of Prof Moesen's ideas are TRUST and EFFICIENCY.
To function correctly and to ensure transactions, the economy needs trust between the different players. Government can, through correct regulation, ensure this trust.
Efficiency means that the regulation provided by the government is accountable, measureable and stimulates initiative.

Both factors are very essential in any steps that governments in Central Europe will have to take in the comings period.

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