The era of global policy co-ordination may be over

Policy response from last crisis still 'necessary'

The 2008 global financial crisis seems ever such a long time ago, much has happened since, writes John Ventre, strategic consultant at KallCap Solutions.

Yet, 2018 sees the policy consequences of the crisis still very much in the spotlight - and herein lies a problem. Looking back across our modern financial history, roughly every ten years policymakers have either a market or economic crisis to deal with. Whether this is the energy and inflation crisis of 1973-74, Black Monday of 1987, various connected events of 1991-92 (such as the bursting of the Japanese stockmarket bubble and Black Wednesday in the UK), the end of the tech bubble in 2000 or the 2008 crisis, history has taught us we must prepare for the "expected unexpected". E...