Greenspan-Capitalism and the role of globalization

- Central Banking staff
- 12 Dec 2003

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In a speech on 'Capitalism and the role of globalization' given on 11 December Alan Greenspan of the Federal Reserve said debates on the pros and cons of market capitalism have waged for generations. The collapse of the Soviet empire, and with it central planning, has left market capitalism as the principal, but not universally revered, model of economic organization.

To read past central bank speeches use our Speech Finder. Click the link on the right.

Remarks by Federal Reserve Chairman Alan

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