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Tag Archives: Chidambaram India

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Regulation must stay one step ahead of innovation: Chidambaram

India’s finance minister Palaniappan Chidambaram said Monday in Washington, “Regulation must stay one step ahead of innovation”.  He said the developed countries’ financial authorities are not keeping up with the new and complex financial market instruments that lay behind recent credit market turmoil.  “Thanks to the present crisis which originated in the advanced economies … […]

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