In light of the declining trend of foreign direct investment to our region, it is imperative that our countries promote institutions and policies that would attract new business flows into our economies. For a few of us who have a large private sector, we may be able to get domestic investors to do more. But we cannot afford to totally rely on others.
BIS Review 72/1999  2  A second potential area of activity for the Forum is identifying and overseeing actions needed to address the vulnerabilities affecting the global financial system, including encouraging the development or strengthening of international best practice and standards and defining priorities for addressing and implementing them.