Thursday, July 18, 2002

Our economical policies suffer from inferiority complex

Financial Regulations: …our country has adopted, without blinking an eye, the regulations coming out of the Basel Committee, are more appropriate for the banking sector of a developed country than for ours. There is nothing wrong being a developing country, the bad is only to believe that by just adopting different postures, one could reach a different degree of maturity… just like the little girl who borrows mother´s lipstick in order to feel big.