Industry analysts expect that in 2001 more fiber will be laid by cable companies and short-haul providers than by long-haul providers, and this gap is likely to widen in coming years. Thus, even in the hard-pressed telecommunications industry, we are probably going to see continued rapid expansion in some types of capital, even as overhangs of capital may persist in other areas.
In the aftermath of the global crisis which has been of unprecedented magnitude, banks have been called to become leaner and fitter. Alongside, the job of regulators has become even more complex given their mandate to maintain soundness and stability of the financial system.