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Moody's Talks - Inside Economics

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The Importance of Regulation in Emerging Markets

The way out of this problem is every bank should be regulated. This is what we learn through the Bread and butter bread and butter of banking crisis in the emerging market world. The big guys are subject to these types of testing, testing, exercising interest rate risk during a tightening cycle. Now, this wasn't done for the small guys because small guys weren't part of that.

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