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Banks should hike capital adequacy, but no overregulation:Greenspan

Mumbai : India | 3 months ago  
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Globalisation had helped hundreds of millions of people to come out of poverty, he said, adding, it, however, has to be a political decision on how far an economy can embrace regulation. But, overregulation meant slower growth, which in turn resulted in the country losing out on the benefits, he said....
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  • News Source: The Australian | 3 months ago
    THE US economy may witness double-digit inflation in a few years unless the central bank tightens up its monetary policy, Alan Greenspan warned. The Fed had recently said it would conclude its purchase of $US300 billion ($351bn) of US government...
  • News Source: NewKerala | 3 months ago
    In the long-run, the least regulated economies are the most competitive, and they of course are prone to the most volatility. But the fact is a lot of people have been pulled out of poverty by the system.'' He said each country had to make its call...
  • News Source: Daily News & Analysis | 3 months ago
    Globalisation had helped hundreds of millions of people to come out of poverty, he said, adding, it, however, has to be a political decision on how far an economy can embrace regulation. But, overregulation meant slower growth, which in turn resulted...
  • News Source: Turks and Caicos Free Press | 3 months ago
    Banks in the United States need higher capital than they currently have, Alan Greenspan , former chairman of the Federal Reserve told a Mumbai conference via satellite on Monday. "I think even in non-euphoria, non-crisis times, we need to have a...
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