From different vantage points we could take stock of our knowledge of the sovereign debt crisis of the emerging countries in the 1980s, of the crisis of the European monetary system in 1992 and 1993 of the Mexican and Asian crisis of the 1990s and the dotcom bubble burst in the 2000s.
Pooling experiences of members of the members of the Executive Board and the Governing Council of the ECB proved extremely important in the circumstances. IV.