DeLisle Worrell: Our financial system – fit for purpose? Address by Dr DeLisle Worrell, Governor of the Central Bank of Barbados, to the Barbados Association of Insurance and Financial Advisors, Bridgetown, 26 April 2013. *  *  *  How well does our financial system suit Barbados’ needs?
We are certainly living in interesting but difficult times, because the possibility that things can go horribly wrong are very high. A break-up of the Eurozone, previously unthinkable, is now being mentioned by some of the European leaders who had previously dismissed such speculation. But even a less catastrophic scenario of a disorderly Greek default could have a disproportionate impact on the global economy.