Plus, they explain the Bundesbank’s views on matters of monetary and economic policy. Their expertise in this capacity was particularly sought after in the midst of the European sovereign debt crisis. The more interconnected our world becomes, the more important it is to engage in an intensive exchange of facts and opinions.
After that, I will briefly touch on recent developments in Japan’s economy and the conduct of monetary policy under the quantitative and qualitative monetary easing. Lastly, I will make my concluding remarks. I. Where do we stand and what do we expect for the future? Following the Asian currency crisis in 1997–98, the region has seen remarkable performance.