We hope that the collaborative research work would not only help strengthen our understanding on the impact and intensity of economic and financial shocks to our economies but would also open up new areas of cooperation in responding collectively and cohesively to these shocks to minimize their adverse implications. 11.
To facilitate region-specific research activities, the SAARCFINANCE has initiated the development of a regional statistical database. In this context, the core dataset has already been identified based on the availability of data with SAARC central banks. The 2  BIS central bankers’ speeches  database will be created on Oracle platform, with easy search and accessibility.