Monthly Archives: July 2015

The importance of the global financial cycle is currently at the center of many policy and academic discussions. Especially dangerous for emerging economies, the highly synchronised credit booms and busts that advanced economies suffered recently suggests that it is also … Continue reading →

During the pre-crisis period, or the micro-prudential one, mapping the whole financial sector was not very important: the focus was to ensure individual solvency. Nowadays two things have changed: much more data is being collected by supervisors, and much of … Continue reading →