Global finance is creaking. Maybe it needs a few more women to prop it up.

The chart below (The unsteady march of diversity) from The Economist tells the story that finance made a brief move towards balance a couple of decades ago, but has since reverted to a masculine dominance.  Coincidentally, there have been signs of increasing permissiveness, even corruption, and a backlash of patchy regulations which have harmed efficiency and effectiveness without improving transparency or reducing transaction costs.

The same edition had articles in the Finance and economics section like:  China’s big banks Giant reality-check, Crashing exchanges Code blue, Global house prices Mixed messages, Free exchange Horns of a trilemma.

Maybe we need more women at the top.

20130831femalecentralbankers

Genuine Progress Indicator etc vs GDP, and the outlook for society.
Can we face reality? Can we do the right thing?

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