Co-ordination falls away as the global crisis abates


	Co-ordination falls away as the global crisis abates

JICWyllie

6-26-2009 5:45 PM

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tags:

1-coordination, 1-policy, 1-recession, 2-lack, 2-risks, 3-reported, 4-intl

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/e94f4ea7-9bdc-4044-9dc9-3905adf8038c/704A5924-9840-462C-A851-B68845A5A558/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.ft.com/cms/s/0/2c79ec6e-61b3-11de-9e03-00144feabdc0.html" href="http://www.ft.com/cms/s/0/2c79ec6e-61b3-11de-9e03-00144feabdc0.html" style="font-size: 11px;">www.ft.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.ft.com/cms/s/0/2c79ec6e-61b3-11de-9e03-00144feabdc0.html"><div align="center"><img src="http://content8.clipmarks.com/blog_cache/www.ft.com/img/64A65440-5243-4365-9160-A0B08D4B2D9E" alt="Bromley illustration" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.ft.com/cms/s/0/2c79ec6e-61b3-11de-9e03-00144feabdc0.html"><P>The economic crisis, of course, is not over. The premature euphoria of recent weeks owes more to relief at meltdown averted than to real evidence that recovery is under way. Sensible policymakers are cautioning that the world economy could weaken again before it strengthens.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.ft.com/cms/s/0/2c79ec6e-61b3-11de-9e03-00144feabdc0.html"><P>That said, the restoration of calm in the markets has been the signal for cracks to appear about what to do next. Governments are making different choices on financial regulation. Hopes that they might  have been shocked into tackling the root causes of global economic imbalances are fading. </P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.ft.com/cms/s/0/2c79ec6e-61b3-11de-9e03-00144feabdc0.html"><P>The differences reach beyond both the appropriate rulebook for financial markets and the inevitable disagreements between Americans and Europeans about the liberal quotient in liberal capitalism. </P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/704A5924-9840-462C-A851-B68845A5A558/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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