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It's a concrete reminder that those heading individual nations' reform of financial regulation need to keep thinking globally.
He has also promised "one nation" reforms to help those struggling with childcare, workplace skills and access to their GP.
The Eurozone's nations implemented myriad national reforms aimed at strengthening the monetary union and alleviating stress on banks and governments.
The Scandinavian nation reformed its economy out of necessity in the 1990s and was sufficiently flexible in the recent financial crisis to come through it relatively unscathed.
The federal African Growth and Opportunity Act of 2000 provides favorable export benefits to African nations that reform their economies to become more open.
If that changed, it would have far more of an impact on player movement from the major southern hemisphere nations than reform of the residency rule.
Mr Bolton has been blamed by diplomats and analysts for making little effort to bridge the divide between the "G77" and the industrialised nations pursuing reform.
I have carefully considered my position, and have come to the view that Labor stands the best chance of continuing to deliver nation changing reforms under the leadership of Kevin Rudd.
But the Union is also looking toward adopting a longer-term strategy in which financial incentives would be used to reward southern Mediterranean nations that reform as part of a "partnership for democracy and prosperity".
Concerns that some of the world's major nations ducked reforming their economies by opting to devalue their currencies in a desperate dash for trade-driven growth has dogged the debate over the global recovery.
A second proposal aims to make it easier for nations to reform their drug laws in accordance to specific needs and threats to populations, rather than being straitjacketed by international conventions.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com