"The lack of monetary discipline has become a hallmark of unfettered globalization. Central banks have failed to provide a stable underpinning to world financial markets and to an increasingly asset-dependent global economy."

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Source : Stephen S. Roach (2010). “Stephen Roach on the Next Asia: Opportunities and Challenges for a New Globalization”, p.28, John Wiley & Sons

Stephen S. Roach

#Discipline Quotes #World Quotes #Financial Quotes

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