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Once companies have clarified where their responsibilities lie, as discussed in my earlier post, the next step is to make credible commitments to do something about them and then publicly fulfill those pledges.
FORBES: Clarifying Corporate Responsibility, Part III: Committing To Improvement
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Aid donors should be prepared to sign on for credible financial commitments, and to back calls for an MDG tax on financial markets.
UNESCO: Post-Conflict and Post-Disaster Responses
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It will be important, therefore, to achieve full and credible recognition of loan losses, to ensure that capital injections are accompanied by strong commitments to restructuring, and to promote the resolution of problem loans through liquidations or workouts.
CNN: REFORM IS CRUCIAL