The prevailing favourable financing conditions, the low level of inflation and diminished inflation uncertainty continue to lend support to investment and have established an environment conducive to sustainable growth. As we all know, however, price stability and low interest rates define necessary but not sufficient conditions for faster growth.
Neither do we have a common jurisdiction or a supranational legal court to resolve legal disputes. Important efforts have been made to identify the information that needs to be shared among supervisors if such a crisis arises. However, the failure of an international bank could easily lead to conflicts among the various parties involved, as their interests will diverge considerably.