About this issue
This BIS Quarterly Review is divided into two parts. The first presents an overview of recent developments in financial markets, before turning in more detail to highlights from the latest BIS data on international banking and financial market activity. The second part presents five special feature articles: one on tracking capital flows in the international banking markets; another on the internationalisation of a currency and lessons from the Australian experience; a third on the structure of housing finance markets and house prices in Asia; a fourth on the role of government-supported housing finance agencies in Asia; and a fifth on corporate credit guarantees in Asia.
Special features
The views expressed here do not necessarily reflect the views of the BIS member central banks.