Matolcsy: Long-term quid pro quo for sustainability

English2020. máj. 6.GOVERNOR MATOLCSY100WORDS

Lynn Forester de Rothschild, in a smart and eloquent article, argues for a long-term quid pro quo agreement between the US government and the business sector /FT, 30 April 2020/. She is absolutely right, but why don’t we take her points globally?

For all players of the global business community there is an urgent call for reforming the present key structures of global capitalism.

Yes, global investment should be directed toward sustainable, ethical and inclusive projects. All the main elements for such business opportunities are there, due to the new disruptive changes in technologies and finance.

The time has come for governments and central banks to step in.

Re “Companies that tap US relief must be more transparent

Governor Matolcsy, MNB, the Central Bank of Hungary

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