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Editor's note.

Document Cited in Related
Vincent
AuthorHolmes Lawrie
PositionEditorial

Growing a business while managing risk is something that most of us do in some form or other. For David Lipton, first deputy MD of the International Monetary Fund, the task is not so different - except that it's on a global scale. In our main feature he voices his concerns about a failure to align global accounting standards. In another exclusive interview the Archbishop of Canterbury airs his concerns about the power wielded by the IMF and calls for a new compact on financial stability. He argues that intergovernmental bodies are as prone to error as any others, so need to be checked.

The human factor at the heart of corporate failures is addressed in a feature considering the extent to which a lack of competence and an inability to speak out led to crises such as the 2007-08 crash. Such failures have eroded...

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