G8: ministers of finance are assured of economic
Recent crisis in the financial market, the high prices for oil and easing of housing sector of the USA cannot seriously weaken world economy after five years of the confident growth though they constrain it.
Such application has been made on results of the “the big seven” countries and Russia Ministers of Finance meeting, taken place in Washington.
In the final application also it is also emphasized, that after a recent shock of the world financial market the situation noticeably improves. Thus it is marked in the document that “non-uniform conditions” in the separate markets, most likely, will be kept still some time and will demand the intense attention.
Representatives of financial departments of G8 countries have also declared, that so-called “well-being sovereign funds” are “more and more important participants of the international financial system” and that the openness for streams of means from these funds solitarily affects economy. For maintenance of the confident, fruitful and transparent teamwork authors of the communiqué have charged to study the reasons of recent crisis of the financial market and to develop a number of offers in the field of liquidity and managements of risks, a role and methods of rating agencies in the structured finance at the forum on financial stability.
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