There has also been a strong cyclical recovery in investment spending after the 1991 recession. Strong investment spending widens the current account deficit in the short-term, but as long as that investment turns out to be profitable, any foreign capital tapped to finance it - whether in the form of debt, new equity, or retained earnings - will create no problems.
All institutions involved - the finance ministries, the supervisory authorities and central banks - should contribute to possible new committees or fora. IV Ladies and gentlemen A thorough discussion about instruments and the framework of international financial organisations demands an atmosphere free of short-term political pressure. This a prerequisite for sensible and sustainable crisis solutions.