One could argue -- as several witnesses appearing before this subcommittee did on Tuesday -- that regulators should only be interested in the entities they regulate and, hence, review the risk evaluation process only as it relates to their regulated entity.
As I noted earlier, growth in the regional economies will be slower than the average for the past few years, largely because of the financial turmoil and some related factors such as the soaring international oil prices. Moreover, policy makers throughout the region will concede that their economies are facing increased uncertainties and major risks.