There is an urgent need to rebalance policy in order to shift to a more robust and sustainable global expansion and address accumulated vulnerabilities, the BIS writes in its main economic review of the year. It calls for prudential, fiscal and structural policies to play a greater role.
Annual Report economic chapters: Overview | PDF (130 pages)
Speeches and presentations on the Annual Report by Jaime Caruana, General Manager; Claudio Borio, Head of the Monetary and Economic Department; Hyun Song Shin, Economic Adviser and Head of Research.
Remarks by Claudio Borio and Hyun Song Shin at the media teleconference held on 22 June 2016.