Privatization and banking system reform, therefore, must go together.
That would leave much to do, especially to unleash growth and to reform the banking system.
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We will need to stabilize, repair and reform our banking system and get credit flowing again to families and businesses.
Kim Iskyan of Renaissance Capital, who has written a new study of the banking system, believes that without reform another crisis is inevitable.
And a capital market cannot be created unless a thorough reform of the banking system is enacted.
It would be folly for the West to provide such assistance absent structural reform in the banking system.
The Senate passed a financial regulatory bill Thursday evening that would be the most sweeping reform of the banking system since the 1930s.
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Serious, competitive reform to the banking system is essential if the state banks' legacy of poor profitability and high non-performing loans is not to continue jeopardising the country's prospects for growth.
They are afoot today, with the reform of Britain's banking system, and new data about the Scottish economy.
Green group leader Rebecca Harms said that there needed to be wide ranging reform of Europe's banking system such as banning hedge funds and introducing a financial transaction tax, a call echoed by Lothar Bisky, the leader of the far-left group.
Gordon Brown's reform of a decade ago means that those responsible for monitoring the banking system are separate from those who make the decision to intervene.
In addition to a system of unrestricted convertibility between the dollar and gold, Lehrman also outlines banking reform which would insist that financial institutions reestablish their role as fiduciaries through improved liquidity standards using fair market valuation and quarterly stress tests.
Unfortunately the whole point of financial regulatory reform was to improve access to credit for the middle class and to fix the banking system so the economy can rebound.
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