Given tight trade and financial linkages across countries, the decoupling in terms of growth between advanced and emerging economies that was apparent after the first quarter of 2009, disappeared. Needless to say, the situation required immediate policy response by authorities.
Caroline Abel: Opening remarks - Bank Failure Simulation Workshop Opening remarks by Ms Caroline Abel, Governor of Central Bank of Seychelles, at the Bank Failure Simulation Workshop, Victoria, 28 March 2022. *** Deputy Governors, Mr James Hambric and team of facilitators from US Treasury OTA, Participants, Good morning to you all.