Many central banks have now adopted numerical inflation targets and others have clearly become more focused on inflation control even without adopting explicit targets. At the same time, the importance of structural factors, and particularly the industrialisation of China, should be recognised.
A final policy framework on resolution regimes (“Key Attributes”) that G20 countries are required to implement in order to resolve SIFIs effectively. 6  BIS central bankers’ speeches  FSB, “Key Attributes of Effective Resolution Regimes for Financial Institutions” (4 Nov. 2011), available at http://www.financialstabilityboard.org/publications/r_111104cc.pdf. Extending the G-SIFI Framework to domestic systemically important banks.