Financial deregulation and increased competition A range of other factors has allowed households to maintain higher levels of debt for longer periods than previously, and most of these are, at least in part, attributable to innovations brought about by financial deregulation and increased competition among providers of credit.
*  *  *  Let me begin by thanking the Managing Director of Caribbean Money Market Brokers (CMMB) for inviting me to share this occasion with you and for affording me the opportunity to address a few words to this distinguished gathering. Let me hasten as well to congratulate CMMB on yet another important initiative.