


{"id":44007,"date":"2017-12-01T05:16:10","date_gmt":"2017-12-01T03:16:10","guid":{"rendered":"https:\/\/newserver.fyb.de\/produkt\/comment-2010\/"},"modified":"2017-12-01T05:16:10","modified_gmt":"2017-12-01T03:16:10","slug":"greeting-2010","status":"publish","type":"product","link":"https:\/\/www.fyb.de\/en\/produkt\/greeting-2010\/","title":{"rendered":"Comment 2010"},"content":{"rendered":"<div class=\"page\" title=\"Page 2\">\n<div class=\"section\">\n<div class=\"layoutArea\">\n<div class=\"column\">\n<p><strong>Prof. Dr. Horst K\u00f6hler<\/strong> \u2014 Presi\u00addent of the Fede\u00adral Repu\u00adblic of Germany<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p><strong>The unta\u00admed monster<\/strong><\/p>\n<p>\u201cThe inter\u00adna\u00adtio\u00adnal finan\u00adcial crisis has shown what happens when powerful econo\u00admic play\u00aders lose sight of the big picture and look beyond the day. This raises two funda\u00admen\u00adtal questions.<\/p>\n<p>First, are the peop\u00adles of the world actually allo\u00adwed to simply rely on market actors having the neces\u00adsary eye for the common good and for sustainable econo\u00admic acti\u00advity? Answer: No, nati\u00adons are not allo\u00adwed to do that. The crisis has proven: In econo\u00admic and finan\u00adcial life, a vigo\u00adrous govern\u00admen\u00adtal and inter\u00adgo\u00advern\u00admen\u00adtal regu\u00adla\u00adtory policy is indis\u00adpensable. (\u2026) The second ques\u00adtion is: Can the economy be shaped in such a way that it pursues more than mere self-inte\u00adrest, that those invol\u00adved in it always keep the common good and the requi\u00adre\u00adments of sustainable econo\u00admic acti\u00advity in mind? Answer: Yes, and three factors in parti\u00adcu\u00adlar are good for this \u2014 social parti\u00adci\u00adpa\u00adtion, a coope\u00adra\u00adtive climate in working rela\u00adti\u00adonships and a culture of co-determination.&nbsp;(\u2026)<\/p>\n<p>Work has begun on a better world finan\u00adcial and econo\u00admic order. (\u2026) Howe\u00adver, to be honest, I myself cannot yet see from the published reso\u00adlu\u00adti\u00adons of Pitts\u00adburgh that a crisis of this dimen\u00adsion on the world finan\u00adcial markets cannot repeat itself one day. But ruling out such a crisis with a high degree of proba\u00adbi\u00adlity must surely be the yard\u00adstick by which we measure the success of inter\u00adna\u00adtio\u00adnal efforts. (\u2026) How else could poli\u00adcy\u00adma\u00adkers recom\u00admend to people in good faith that they save for old age, for example?<\/p>\n","protected":false},"featured_media":40975,"comment_status":"open","ping_status":"closed","template":"","meta":{"wp_typography_post_enhancements_disabled":false},"product_brand":[],"product_cat":[2452,2468,2511,2535],"product_tag":[1531,1768,1773,1778],"class_list":{"0":"post-44007","1":"product","2":"type-product","3":"status-publish","4":"has-post-thumbnail","6":"product_cat-ebook-en","7":"product_cat-free-of-charge-en","8":"product_cat-fyb-2010-2","9":"product_cat-prof-dr-horst-koehler-en","10":"product_tag-greeting","11":"product_tag-horst-koehler-en","12":"product_tag-international-financial-crisis","13":"product_tag-world-financial-and-economic-order","14":"pa_sprache-english-3","15":"pa_sprache-german","17":"first","18":"instock","19":"taxable","20":"shipping-taxable","21":"purchasable","22":"product-type-variable"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Comment 2010 - FYB Financial Yearbook<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fyb.de\/en\/produkt\/greeting-2010\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Comment 2010 - FYB Financial Yearbook\" \/>\n<meta property=\"og:description\" content=\"The untamed monster &quot;The international financial crisis has shown what happens when powerful economic players lose sight of the big picture and look beyond the day. This raises two fundamental questions. First, are the peoples of the world actually allowed to simply rely on market actors having the necessary eye for the common good and for sustainable economic activity? Answer: No, nations are not allowed to do that. The crisis has proven: In economic and financial life, a vigorous governmental and intergovernmental regulatory policy is indispensable. (...) The second question is: Can the economy be shaped in such a way that it pursues more than mere self-interest, that those involved in it always keep the common good and the requirements of sustainable economic activity in mind? Answer: Yes, and three factors in particular are good for this - social participation, a cooperative climate in working relationships and a culture of co-determination. (...) Work has begun on a better world financial and economic order. (...) However, to be honest, I myself cannot yet see from the published resolutions of Pittsburgh that a crisis of this dimension on the world financial markets cannot repeat itself one day. But ruling out such a crisis with a high degree of probability must surely be the yardstick by which we measure the success of international efforts. (...) 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