Editor Pick – ‘Social Market Economy’ vs. ‘Market Society’: EU Socialist Group on Hedge Fund/Private Equity Regulation
EurActiv reports:
“A 300-page expert report published by the European Parliament Socialist group on 29 March 2007 argues for a stronger regulation of hedge funds and private equity.
“We still believe in the market, but we insist on ‘social market economy’ not on a ‘market society’,” the document states.
The report was commissioned by of former Danish PM Poul Nyrup Rasmussen and Dutch MEP and spokeswoman on economic and monetary affairs Ieke van den Burg. It puts forward a number of concerns about unregulated equity funds, such as risks for pensions, the viability of private companies, security of service provision, decent work, financial market stability and ethics.”
Here’s the report’s executive summary: Hedge Funds and Private Equity – A Critical Analysis (Executive Summary)
One Response to “Editor Pick – ‘Social Market Economy’ vs. ‘Market Society’: EU Socialist Group on Hedge Fund/Private Equity Regulation”
Guest • October 1st, 2009 at 7:49 am
Please check the link for the executive summary















