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Rubin calls for new openness in global finance
Treasury Secretary Robert Rubin urged a global push for new openness in international finance to prevent future crises. He warned that currency controls and market distortions threaten free markets while noting Wall Street losses as the crisis widens. The speech called for stronger IMF openness and banking supervision amid a spreading downturn across Asia, Russia, and Latin America.
MENTIONED IN THIS ARTICLE
New York
Asia
Russia
Latin America
Treasury
Robert Rubin
Rubin
Wall Street
Dow
Malaysia
U.S
Washington
Japan
IMF
Thailand
Michel Camdessus
World Bank
James Wolfensohn
Camdessus