National Commission of Government Reform, Pakistan


“Emerging markets regulators should not allow governments to misuse monetary policy.”


“Emerging markets regulators should not allow governments to misuse monetary policy.”

May 2009

(Part 4 of 4) Conversation with Ishrat Husain, Head, National Commission of Government Reform and former Governor of the State Bank of Pakistan
AML, KYC and anti-terrorist financing - professionalising financial services and regulation - banks diversifying away from large corporate business


“Emerging markets regulators should not allow governments to misuse monetary policy.”


“Emerging markets regulators should not allow governments to misuse monetary policy.”

May 2009

(Part 3 of 4) Conversation with Ishrat Husain, Head, National Commission of Government Reform and former Governor of the State Bank of Pakistan
Domestic challenges greater than external challenges - state banks and allocating capital - bankruptcy laws


“Emerging markets regulators should not allow governments to misuse monetary policy.”


“Emerging markets regulators should not allow governments to misuse monetary policy.”

May 2009

(Part 2 of 4) Conversation with Ishrat Husain, Head, National Commission of Government Reform and former Governor of the State Bank of Pakistan
Central bank independence and coordination with government - implementing lasting reforms - appointment of central bank governors


“Emerging markets regulators should not allow governments to misuse monetary policy.”


“Emerging markets regulators should not allow governments to misuse monetary policy.”

May 2009

(Part 1 of 4) Conversation with Ishrat Husain, Head, National Commission of Government Reform and former Governor of the State Bank of Pakistan
Emerging market decoupling and real sector linkages - cautious liberalisation and unfettered liberalisation - financial inflows and outflows - the need for a lead regulator