She will need a clean credit record to be able to borrow again so as to finance her now bigger liquidity requirements. This way, there is full 5  incentive compatibility between her and the finance provider.
On the other hand, BOFIT already recruited its first China economist in the late 1990s. It was clear then that China was becoming a very important player in the global economy, and so also for Finland. Analysis and research on the Russian economy has continued uninterruptedly for more than 25 years at the Bank of Finland.