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In the view of most policymakers and economists,competition in retail banking takes place in localmarkets covering a relatively small geographic area.Banks are thought to design their services and settheir loan and deposit rates in response to the supply anddemand conditions prevailing in a...
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importance of national and local developments for thearea’s economy.[...] …
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-oriented economy. This shift, whilebroadly in line with nationwide trends, has been somewhatmore intense in the metropolitan area …
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manufacturingover the past two decades, manufacturing is still a vital—though diminished—part of New York City’s economy.Within the …
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Much of the discourse about regional andlocal economic development strategiesin the United States over the pasttwenty-five years has looked like asearch for general rules. Very few such rules have emerged,in part because—like all policy debates—there have beenlarge inputs of ideology and...
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I am delighted to be here today to address this importantconference on economic, supervisory, and regulatory issuesfacing foreign banks operating in the United States. I alsovery much appreciate the efforts of my colleague GeneLudwig and his staff at the Office of the Comptroller of theCurrency...
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