These aspects have come to light in various industries / sectors over the course  of the years. Over past few decades, the financial sector, both at the global as well as domestic level has witnessed recurrent instances of unethical behaviour.
Fourth, one should take into account what Maurice Obstfeld has named the fiscal dimension of international liquidity4: expanded international lending facilities, including an expanded IMF or a stronger European framework, cannot remain unconditionally solvent in the absence of an expanded level of fiscal backup. Global financial safety nets should be backed by sounder fiscal fundamentals in all major economic areas. I will now conclude.