Credit booms and credit busts

Interview with Mr Claudio Borio, Head of the Monetary and Economic Department, and the Institute for New Economic Thinking (INET), 10 July 2015.

There is now a growing consensus among policymakers and academics that a key element to improve safeguards against financial instability is to strengthen the "macroprudential" orientation of regulatory and supervisory frameworks. Claudio Borio speaks with INET's Marshall Auerback on this topic.

• Interview with Claudio Borio on INET's website
  
  

The views expressed here are my own and not necessarily those of the BIS or its member institutions.