Indeed, in some parts of southern China, the informal financial sector is growing to match the size of the formal financial sector.

Even the financial sector has seen innovation.

China s Online Financial Sector Comes of Age

Deflation that emanates from the financial sector is lethal.

Financial sector returns are likely to be lower.

Meanwhile, the financial sector was thoroughly compromised by the spread of unsound financial instruments and poor lending practices.

In the end, it is the crippled financial system that is driving the wedge between China s large surplus of capital and formal financing for the country s SMEs. Indeed, in some parts of southern China, the informal financial sector is growing to match the size of the formal financial sector.

This means changing the incentives and rules that govern the financial sector.

The Europeans are pushing for reform of compensation practices in the financial sector.

The financial sector has imposed huge externalities on the rest of society.

But it is in women s treatment, deliberately and accidentally, by the financial sector that the most damage is done.

As the size of the financial industry grew, so, too, did its profitability.

The critics of finance, however, believe that innovation has been the problem.

All have a role in maintaining the integrity of the financial sector.

Encouraging progress has also been made in the finance sector.

This approach cannot last forever, and changing it means acknowledging the backwardness of the formal financial sector and taking remedial action.

The financial sector s explosive growth over the past two decades has fueled the accumulation of exceptionally large volumes of debt.

This uncertain response partly explains Western governments lack of will to draw tangible conclusions from the systemic failure of the financial sector.

(d) Financial reforms to encourage employment creation should cover banking, the non bank financial sector, monetary policy, financial openness and the institutional environment.

This is a huge contrast with the financial sector s position in the previous three decades.

Now, a bloated financial sector is being forced to retrench.

Indeed, the entire financial sector was rife with agency problems and externalities.

So it vigorously opposed all of the half hearted attempts to regulate the financial sector.

Why Financial Pay Shouldn t be Left to the Market

We have undertaken a series of reforms in the public, financial and monetary sectors.

Informal Sector

The US financial sector received an unconditional bailout and is not now facing any kind of meaningful re regulation.

Indirectly, the very rich, some of them outside the US, lent to the other income groups, with the financial sector intermediating in aggressive ways.

The financial sector s inexcusable recklessness, given free rein by mindless deregulation, was the obvious precipitating factor of the crisis.

The record of the last 20 years shows that the Chinese monetary and banking authorities have a habit of taking an ostrich approach to the informal financial sector, pretending that they are regulating the sector until serious problems emerge.

Some in the financial sector would, of course, threaten dire consequences.

In order to further develop and strengthen the financial sector of the economy, the Government of Anguilla, with assistance from the private sector, prepared several legislative acts.

If the financial sector declines, what will replace it in employment terms?

The financial sector has produced extraordinary profits, particularly in the Anglophone countries.

Warren has worked hard on financial sector issues over many years.

Are these harbingers of a robust recovery for the financial sector, or just urban myths?

And legislation will soon create the opportunity for expanded foreign ownership in the financial sector.

As with the financial sector, however, crisis can be the mother of reform.

The financial sector and its free market ideology had brought the world to the brink of ruin.

In the US, as the financial sector soared, the manufacturing base contracted sharply.

The financial sector dominates non academic employment of professional economists.

At the same time the strict division between the environmental sector and the financial sector began to break down.

Microfinancing is an important element of the financial sector and must be dealt with as such.

The knowledge and skills required for developing and implementing public private partnership projects are often lacking in the public sector, and the private sector is unaware of the potential of the public private partnership relationship.

20. Calls upon Governments to encourage the financial sector to mainstream gender perspectives in its policies and programmes