Shirakawa stresses importance of co-operation
Speaking at the Symposium at Jackson Hole, Wyoming, on 22 August, Masaaki Shirakawa, the governor of the Bank of Japan, underlined the importance of the co-ordination of policy among central banks as they attempt to respond to and stave off financial crisis "in an organised way and without external pressure".
Regarding monetary policy, each country should make every effort to put its own house in order, and central banks should put more effort into analysing global financial conditions and
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