Weekly e-Briefing 4. President Lee Myung Bak’s key comments at Davos

President Lee, Myung-Bak at Davos world economic forum addressed the point that it is very important to achieve consensus across the G-20 nations for successful implementation of framework for strong, sustainable and balanced growth. For this point, he has added 3 elements we need to give focus on; 1) Finding ways to counter the procyclical nature of the global economy and the financial system. 2) The problem of the institutions which are ‘Too big to fail.’ 3) Transition to a more normal policy stance. To see more, Please visit http://www.fsc.go.kr/eng/index.jsp

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About FSC Korea
The Financial Services Commission has been established for the purpose of protecting the integration of Korea’s financial markets by promoting sound credit system and fair business practices. To this end, the FSC serves as a consolidated policy making body for all matters pertaining to supervision of the financial industry as a whole. To raise the efficiency, the posts of the FSC Chairman and the FSS Governor were separated on March 2008 for clear distinction between policy-making and execution of financial market supervision

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