As I spoke earlier about lending to customers with little or no credit history, banks would need to employ some non-conventional tools for assessing credit worthiness of such  2  BIS central bankers’ speeches  customers, which can, among others, include credit card usage, travel patterns, bill payment history and so on.
Let me give another example. Many of you here must be aware of the ongoing debate on what is called as “Re-embracing Keynes.” The standard ‘return to Keynes’ argument is the need for fiscal stimulus to boost the economy from the depths of recession.