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According to the Luxembourg Minister of Finance, Luc Frieden, redefining finance and the role of governemens is the key to preventing another financial crisis in the future.
On the occasion of the LFF financial mission to Asia, minister Frieden took part in a panel discussion about possible ways of revamping the world financial system so as to serve the real economy better and restore investor confidence in the financial markets. This “policy dialogue”, which was organised on the opening day of the Asian Financial Forum (AFF) in Hong Kong, brought together Professor Vittorio Grilli, Minister of Economy and Finance from Italy, Dr Bahk Jaewan, Minister of Strategy and Finance from Korea, Mr Takehiko Nakao, Vice Minister of Finance for International Affairs and...
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